Union Calls For New Economic Model In Nigeria


The Association of Senior Civil Servants of Nigeria (ASCSN), has called on the Federal Government to formulate a new economic model that would take the country out of the present recession.

Speaking to newsmen on Wednesday in Abeokuta, Ogun State,  during the association’s National Delegates Conference, the National President, Comrade Bobboi Kaigama, said that the union believes strongly that the time has come for the country’s leadership to develop a new economic model that will take into consideration variables that are relevant and consistent to the Nigerian situation.

Kaigama said that the country is in no doubt at an economic cross roads and Nigerians should not lament or accept the present situation, rather a body of experts charged with the responsibility of working out new developmental models to proffer lasting solutions to the myriads of economic challenges facing the nation should be assembled.

He said that the prescriptions of the Bretton Wood Institutions like International Monetary Fund (IMF) and World Bank have failed the country in terms of freeing the country from its economic challenges.

The labour leader also took a swipe at the new-liberal theories which have also ended up making majority of Nigerians poorer, adding that an urgent step needs to be taken to address the challenges.

He reiterated that the union is not unmindful of the challenges the present administration was faced with when it came to power, stressing that the union commends the government for some positive steps  taken to correct the ills of the past which is good for the country.

Kaigama, who is also the National President of the Trade Union Congress of Nigeria (TUC), lamented that Nigerians are going through a  nightmare, pains and agonies as a result of effects of government’s actions and inactions.

He said workers have been priced out of things that are supposed to allow them make a decent living, adding that the petroleum industry has been deregulated with fuel now selling for N145 per litre, diesel goes for N200 per litre, foreign exchange rate liberalized  with dollar now N326 and electricity tariff has gone up  without any improvement in power supply.