Saturday 14 January 2012

Strike suspension - Day 1: Labour Unions(position) resolve that FG must revert to N65 before negotiations.


Today marks the first day for the suspension of the general strike and its also decision day. A meeting has been called between Labour representatives and the Federal Government to try and reach a resolution.

The question we really need to ask ourselves is that, is it really above subsidy? Well, I believe its mainly about fighting corruption. In the 2011 budget over N200b was budgeted for subsidy payments and by September 2011. Over N1.3t had been spent. The issue is that if the agency (PPRA) in charge of ensuring that products are actually delivered where they are meant to, then the amount would not be this high.

Lets agree that this figure actually represents the figure to be paid for subsidy, then why spend funds that was not budgeted. I believe the Federal Government really wants to resolve this issue once and for all to benefit all Nigerians but the people have shown that they would need more commitment from the side of the Government.

It is hope that a middle ground would be reached soon.

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