NLC Calls For Downward Review Of Licence Costs For Broadcast Organisations

A photo combination of NLC President, Ayuba Wabba speaking during an interview on Channels Television’s Sunrise Daily on May 3, 2021 and broadcast masts.

 

 

The Nigeria Labour Congress has called on the National Broadcasting Commission to review the cost of operating licences for broadcast organisations in the country.

NLC President Ayuba Wabba made the call in a statement days after NBC announced the withdrawal of the broadcast licences of more than 50 radio and television stations in the country.

The NBC based its decision on the failure of the stations to renew their licences.

But Wabba in his statement said the decision failed to take into account economic challenges that have hurt the operations of the stations, arguing that the stations did not deliberately refuse to renew the licences.

“In defence of the media, democratic and economic rights of Nigerians, we call on the NBC to rescind this decision to withdraw the operating licenses of the affected 53 media houses,” he said.

“In light of our foregoing concerns, we urge that the media operating licence be reviewed downwards as information dissemination is a social service.”

The NLC President acknowledged that the NBC had a regulatory duty in the broadcast industry but stressed that the withdrawal of the licences “is a little too drastic, dramatic, draconian, and debilitating not only for the affected media houses but also for their staff and indeed millions of Nigerians who follow programs from the affected media houses”.

In making a case for the affected media organisations gave examples of the challenges media organisations are battling.

He said, “Many media houses just like most businesses in Nigeria suffer the double jeopardy of escalating business costs and plummeting revenues.

“Largely to blame for this sad state of affairs is government which mismanagement of the economy has ensured that a litre of diesel is now knocking at the borderline of N1000. To compound the situation is the epileptic supply of electricity with the national grid collapsing intermittently for the umpteenth time in recent months.

“In addition to the soaring and scary rising energy costs which hit electronic media houses hardest given that they must always be on air whether it makes economic sense or not, there are salaries to pay. maintenance services, and sundry basic operating costs to keep the media houses running and serving their listening and viewing public.

“Amidst these operational suffocations, how does the NBC expect the media houses to generate the money to renew their operating licenses? Indeed, Nigeria’s media houses should be eulogized for resilience, and tenacity in the face of prevailing economic blizzards.”

Read the full statement below:

WITHDRAWAL OF THE LICENSES OF MEDIA HOUSES – A SLIPPERY ROAD TO PRESS EMASCULATION!

A Press Release

It was with disbelief that the Nigeria Labour Congress (NLC) received the news of the withdrawal of the licenses of 52 media houses including both electronic television and radio media houses. The reason given by the National Broadcasting Commission (NBC) was that the affected media houses failed to pay for their license renewal.

While we understand that the NBC has a regulatory duty to ensure rules keeping, we believe that the action taken by the NBC is a little too drastic, dramatic, draconian, and debilitating not only for the affected media houses but also for their staff and indeed millions of Nigerians who follow programs from the affected media houses.

The first natural instinct to the withdrawal of the operating license by the NBC is the idea that the affected media houses did not deliberately avoid paying for their operating licenses. Such would be akin to cutting so close to the bone. The most palpable reason for the failure of many of the media houses to pay for the renewal of their operating licenses could be easily found in the deteriorating economic conditions in Nigeria. This is understandable given the severe stress and strain that businesses in Nigeria have been subjected to owing to fallout of the COVID 19 lockdown in 2020, the ongoing disruption in global and domestic energy supply, the foreign exchange volatilities, and the associated hyper-inflation.

Many media houses just like most businesses in Nigeria suffer the double jeopardy of escalating business costs and plummeting revenues. Largely to blame for this sad state of affairs is government which mismanagement of the economy has ensured that a litre of diesel is now knocking at the borderline of N1000. To compound the situation is the epileptic supply of electricity with the national grid collapsing intermittently for the umpteenth time in recent months.

In addition to the soaring and scary rising energy costs which hit electronic media houses hardest given that they must always be on air whether it makes economic sense or not, there are salaries to pay. maintenance services, and sundry basic operating costs to keep the media houses running and serving their listening and viewing public. Amidst these operational suffocations, how does the NBC expect the media houses to generate the money to renew their operating licenses? Indeed, Nigeria’s media houses should be eulogized for resilience, and tenacity in the face of prevailing economic blizzards.

The action of the NBC also smacks of insensitivity to the welfare of the staff of the media houses which operations are being shut down. It is unthinkable that in the middle of very traumatic economic realities, government would be thinking of flinging many Nigerians into the unemployment market. Well, this is not new. A few days ago, the Nigeria Governors Forum made a case for the mass sack of Nigerians in government employment. The unsolicited advice which had been robustly deflated by the NLC reveals a very embarrassing underbelly in the thinking of those commanding the reins of power in Nigeria today- crass insensitivity. This is very sad and unfortunate.

In defence of the media, democratic and economic rights of Nigerians, we call on the NBC to rescind this decision to withdraw the operating licenses of the affected 53 media houses. In light of our foregoing concerns, we urge that the media operating licence be reviewed downwards as information dissemination is a social service.

Albeit, we just received with some relief new reasoning by the NBC to allow the affected media houses to continue to operate. This is commendable. Yet, our concerns conveyed in the foregoing subsist.

Comrade Ayuba Wabba, President

NLC Asks Buhari To Raise Salaries By 50 Percent

President of the Nigeria Labour Congress, Ayuba Wabba, spoke to reporters in Abuja on December 17, 2021.
FILE: President of the Nigeria Labour Congress, Ayuba Wabba, spoke to reporters in Abuja on December 17, 2021.

 

The Nigeria Labour Congress has recommended a 50 percent salary review “across the board given the realities on ground.”

The labour union made the recommendation in a letter to President Muhammadu Buhari.

Dated August 8, the letter was a response to the economic prescriptions offered by State Governors.

As earlier reported, the Governors had pushed for the elimination of petrol subsidy, the retirement of civil servants from the age of 50, and the reduction of National Assembly constituency projects among other prescriptions.

The union lambasted the Governors for seeking early retirement of workers, saying anyone promoting this idea “should be treated as enemies of your government.”

Instead of early retirement, the union asked the Buhari-led administration to consider a further increase of worker salaries.

“While we commend you for your thoughtfulness for a wage increase, truth of the matter is that given the misfortune that has befallen the Nigerian populace, especially workers with fixed incomes, there is an urgent need for a massive intervention much deeper than the 22 percent,” the letter, signed by NLC President Ayuba Wabba, said.

“We would recommend a 50 percent salary review across the board given the realities on ground.”

NLC Insists On Total Autonomy For Judiciary, Local Governments

 

The Nigeria Labour Congress on Friday said its stance for total autonomy to be granted to all tiers and arms of government remains unchanged.

The NLC want autonomy for the judiciary, local governments and State Houses of Assemblies.

NLC President Ayuba Wabba said this during a protest at the venue of a meeting of the Nigeria Governors’ Forum.

Mr Wabba explained that the current status quo is hampering the development of the country.

READ ALSO: [Strike] ASUU Asks Well-Meaning Nigerians To Intervene

He said Governors should grant autonomy to other tiers of government in line with the recent amendments to the constitution.

“We are aware that the Governors forum will be meeting here,” Mr Wabba said.

The Nigeria Labour Congress held a protest in Abuja on April 8, 2022.
The Nigeria Labour Congress held a protest in Abuja on April 8, 2022.

 

“We are aware that they are meeting to look at other issues. But we have three demands. Those demands are one, autonomy for the local governments. Two, autonomy for the judiciary. Three, autonomy for our State House of Assemblies. That’s the reason we are here. If it is not on their agenda, they must put it on their agenda. And it must pass through.

“We are tired of going in cycles. The underdevelopment in Nigeria today can be traced to the fact that the local government system is not working. The funds of the local government are not being given to them. We are aware that the funds for the local government is now pocket money for the boys. We are aware that there is no credible elections in the local government system. And therefore the issue of joint accounts, we don’t want that to happen again.

“The members of the National Assembly have done their bit. All those issues have been contained in the proposed constitutional amendment. We are also aware that those bills, as passed by the two chambers of the National Assembly, have been transmitted to the State Houses of Assembly. And therefore we want them to do the needful.”

Governors meeting

All 36 State Governors were scheduled to meet with the 36 State House of Assembly Speakers in Abuja on Friday.

The purpose of the meeting was to rub minds and brainstorm towards finding urgent solutions to issues of national importance.

According to an invitation issued by the Director-General of the NGF, Mr Bayo Okauru, the emergency meeting was to be held at the Frazier Suites in the Central Business District in Abuja.

It was expected to commence at 4pm and be chaired by NGF Chairman, Governor Kayode Fayemi.

NGF, Labour Question NNPC’s Fuel Subsidy ‘Removal Agenda’

A file photo of members of the NGF at a meeting in Abuja in January 2020.

 

The Nigeria Governors Forum and the Nigeria Labour Congress has queried the motives of subsidy administrations, particularly the Nigerian National Petroleum Corporation (NNPC).

This is according to a statement signed by NGF spokesperson Abdulrazaque Bello-Barkindo.

According to the statement, the NGF and NLC agreed, after a meeting this week, that the “lacuna in the subsidy removal agenda was hidden in the untruths bandied by the administrators of the subsidy, particularly the Nigerian National Petroleum Corporation, NNPC, which both groups identify to be at the forefront of the mismanagement of the proceeds accrued therein.”

READ ALSO: NNPC Has Requested N3trn As Fuel Subsidy For 2022 – Finance Minister

NGF Chairman and Governor of Ekiti State, Kayode Fayemi, noted that action must be taken to ensure that Nigerians get direct benefits from subsidy and not just a few wealthy individuals and their cronies.

“We need a partnership with the NLC to confront the challenges of what the NNPC is about, because there is a lot of fraud in the consumption and distribution figures that the country is getting and we can only move forward if the NLC engages all those who are knowledgeable in the field like PENGASSAN to conduct a thorough research into the sector before any further action is taken on subsidy,” Fayemi said at the meeting.

 

Read the NGF’s full statement:

As a sequel to its meeting of the 19th of January the NGF, yesterday, met with the leadership of the NLC, led by its president Comrade Ayuba Waba, to deliberate on the fuel subsidy removal which both groups believe is a necessary action that the country must deal with now or in the nearest future.

The meeting which was held at the NGF secretariat in Maitama Abuja, brokered a partnership between the NGF and the NLC, as both parties agreed that the lacuna in the subsidy removal agenda was hidden in the untruths bandied by the administrators of the subsidy, particularly the Nigerian National Petroleum Corporation, NNPC, which both groups identify to be at the forefront of the mismanagement of the proceeds accrued therein.

Delivering his opening remarks at the meeting also attended by the TUC president and a host of other leaders of organized Labour in the country, the Chairman of the Nigeria Governors Forum and Governor of Ekiti State, Dr. John Kayode Fayemi argued that the nation’s economy is at the precipice and that it has become necessary for the two groups to carefully verify all of NNPC’s estimates to ensure that whatever action is taken on subsidy, it would be the people that get direct benefits and not a few wealthy individuals and their cronies in the country.

Dr Fayemi told the Labour leaderships that subsidy removal has remained an on-gong conversation not just among governors but the country at large and emphasized that Governors cannot but be part of the solution providers in this onerous task that is confronting the nation.

The Ekiti State Governor further stated that “there are raging questions of accountability associated with subsidy removal in the country and observed that the NGF and the NLC can jointly work together to proffer solutions that heal the economy and provide succour to the Nigerian people.”

The NGF chairman who led a delegation of Governors Simon Bako Lalong of Plateau State and chairman of the Northern Governors Forum and Governor Godwin Obaseki of Edo State, to the meeting stressed that governors cannot ignore the economics of petroleum, arguing that all the countries surrounding Nigeria including Niger, Mali, Cameroun and Ghana have their fuel pump price at the equivalent of a US dollar, arguing that Nigeria has a pump price that is far less than a dollar and is uncomfortable with the removal of subsidy until the challenge of what the NNPC is telling the country is confronted frontally.

“We need a partnership with the NLC to confront the challenges of what the NNPC is about, because there is a lot of fraud in the consumption and distribution figures that the country is getting and we can only move forward if the NLC engages all those who are knowledgeable in the field like PENGASSAN to conduct a thorough research into the sector before any further action is taken on subsidy,” Dr Fayemi declared.

On the part of the states, Dr Fayemi stated that only about eight states are benefitting directly from the subsidy while all the others have to contend with the situation on their own.

The Governor of Ekiti State also insisted that the partnership with the NLC must confront the perennial issue of palliatives for the common man towards cushioning the effects of subsidy removal on the citizenry stating that “not tackling the problem now is tantamount to postponing the evil day”.

“Finding succour for the ordinary Nigerian at this time is absolutely imperative and necessary now more than ever,” the NGF Chairman emphasised.

One of the asks, which formed the terms of convening the meeting was to also plead with Labour to jettison their decision to embark on what they referred to as a mega-strike and join hands with Governors to consider the dimensions at play on the subsidy removal palaver because Governors through their internal mechanisms had already found out that what is paid is egregiously higher than what is actually being declared by the country’s petroleum industry managers.

Commenting, the Governor of Edo State, Mr Godwin Obaseki, who usually serves the NGF as its shining light on economic issues, on his part warned that we have a choice of continuing to behave like Father Christmas (Santa Claus) or take concrete actions on a problem that is permanently with us rather than throwing away N3tr on subsidy.

Governor Obaseki suggested that the nation can, in the interim, increase productivity to reduce imports and create jobs. He also emphasised that the country would do well to revamp the power sector, which is virtually comatose because without power, we will continue to throw millions of our people into unemployment, and ultimately, poverty, reminding all present that we should know that we have a country to manage.

The Governor of Plateau state, Rt. Hon Simon Bako Lalong who like Governor Obaseki also joined the meeting virtually recalled that the NGF had spent three years on this matter because we cannot continue with subsidising petroleum products. He stated that we must find options and create opportunities that address the hardships that stare our people in the face.

Lalong volunteered that the painstaking work that led to the solutions that the NGF was highlighting took a year to script together and warned therefore that the fact that we are sitting here with Labour to resolve this contending issue does not mean that as we leave the table we should go to sleep. Instead, Governor Lalong said the teams from the two groups should immediately set out to work to find the light at the end of the tunnel.

This meeting took place barely an hour before the NLC announced the suspension of its mega-strike, as he disclosed to the governors that their committee had consulted widely and decided to call it off before arriving at the NGF secretariat.

Both Comrade Ayuba Waba and the TUC president stressed their lack of appreciation of the trust deficit that characterised previous negotiations and wondered why the subsidy issue had always been shrouded in lack of transparency on the part of government.

The unionists argued that the conflicting figures that always came from the managers of the petroleum sector had always tended towards inefficiency which have remained, to the people and to Labour, completely objectionable

Without National Law On Minimum Wage, There Will Be Anarchy – NLC

 

The Nigeria Labour Congress (NLC) says it will not back down in its pursuit to ensure that the minimum wage bill is thrown out of the National Assembly.

A lawmaker, Garba Datti Datti had through a sponsored bill at the House of Representatives initiated a move to remove the powers to negotiate the minimum wage from the Federal Government.

The bill which has passed its second reading in the Green Chamber stirred organised labour against the national lawmakers in the country with the workers union threatening to embark on a nationwide protest if the bill is not discarded.

Speaking on the highly sensitive matter, the Deputy President of the NLC, Amaechi Asugwuni said the issue of wage is a prioritized scheme.

Comrade Asugwuni who on Thursday was a guest on Channels Television’s Sunrise Daily said not having a national law on the minimum wage will lead to anarchy.

He was of the opinion that the decentralization of the minimum wage bill “removes the rights of workers to collectively bargain”.

READ ALSO: Minimum Wage: Protesting Workers Force Their Way Into National Assembly

NLC’s deputy president says the union will not back down till the proposed minimum wage bill is thrown out of the National Assembly.

 

Asugwuni vowed that the NLC will leave no stone unturned to ensure that the Nigerian workers are not deprived of their rights to a fair wage for their services.

The NLC deputy president boasted that the union has got a robust response from a majority of the House, noting that there is a long list of legislators who have promised to ensure that the bill does not see the light of day.

According to him, Labour will follow whatever engagement is required to enable the bill to be thrown out.

“Labour will be abiding by the rules but these engagements that will allow the bill to be knocked out will be held,” Asugwuni stated.

He further argued that the national minimum wage is a plus and an achievement of democracy as secured by the nation. Adding that nothing must be done to jeopardize an already achieved establishment that will better the welfare of Nigerians.

Minimum Wage: NLC Stages Nationwide Protest

 

The Nigeria Labour Congress (NLC) on Wednesday staged a nationwide protest over proposed amendments to the minimum wage for Nigerian workers. 

This protest which is being coordinated from the Federal Capital Territory (FCT), Abuja, is said to be holding following attempts by some lawmakers at the National Assembly to remove the Minimum Wage from the Exclusive Legislative List to the Concurrent Legislative List.

Members of the organised labour from various members organisations arrived at the venue for the take-off of the protest in various states, most bearing placards with different inscriptions.

The National President of Nigerian Labour Congress, Ayuba Wabba while addressing the workers at the Unity Fountain in Abuja stated that the right of Nigerian workers to enjoy the minimum wage which is in line with the International Labour Organisation.

READ ALSO: You Have Two Months To Surrender Your Arms, Zamfara Governor Warns Bandits

The leadership of Labour leads members of the NLC and its affiliates on a protest match in Abuja.

 

He described as shameful, the attempt by some State Governors and members of the National Assembly to short-change the workers.

Wabba says the Bill being sponsored by Garba Datti Muhammad ( APC: Kaduna) to amend the minimum wage law must be resisted.

According to him, such an amendment will leave the Nigerian workers at the mercies of State governors whom he says will be paying workers whatever the decision.

The NLC Chairman says rather than seek to reduce the salaries of civil servants, the salaries of political officers including that of the legislators be cut down.

NLC and its affiliates on Wednesday demanded the withdrawal of a bill that would remove the National Minimum Wage from the exclusive to the concurrent legislative list.

Two weeks ago, the House of Representatives introduced the bill which according to the sponsor, Hon. Garba Mohammed would allow both the Federal and state governments to freely negotiate a minimum wage with their workers in line with the nation’s federal system, a move which the protesting workers say does not work in their favour.

 

NLC Stages Protest At Corporate Affairs Commission HQ In Abuja

 

The Nigeria Labour Congress (NLC) has staged a protest at the Corporate Affairs Commission’s (CAC) Headquarters in Abuja, Federal Capital Territory. 

According to the union, the picketing was held over alleged anti-labour matters.

The NLC is accusing the CAC management of clamping down on union members who challenged anti-workers policies.

READ ALSO: Decision To Lift 100 Million Nigerians Out Of Poverty Not By Accident, Says Buhari

However, the Trade Union Congress and the NLC are divided on the issue, and this resulted in a clash between members of the unions.

TUC had on Tuesday held a news conference, warning that they will resist the picketing by the Nigeria Labour Congress, but the NLC says it plans to picket the CAC for three days and will not back down.

Shelved Strike: APC Hails FG, Organised Labour On Truce

 

The All Progressives Congress (APC) has commended Monday’s shelved nationwide strike following the federal government’s successful brokering of an agreement with the leadership of Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on the increase in electricity tariff and the price of fuel.

In a statement by its deputy national publicity secretary, Mr Yekini Nabena, the APC said the welcome and positive development is in line with the proven pro-people stance of the President Muhammadu Buhari-led APC administration which has always put the welfare and interest of the masses first in policy decisions and implementation. Indeed, the shelved strike is a victory for the Nigerian masses.

“The federal government is temporarily suspending the application of the cost-reflective electricity tariff adjustments by DISCOs to allow for an all-inclusive and independent review of the power sector operations, evidence of the government’s pro-people stance.

“Again, to reduce the cost of petrol, the federal government and labour agree on the urgency to rehabilitate the nation’s refineries and increase our local refining capacity so as to reduce the overdependency on costly importation of refined petroleum products.

READ ALSO: Uduaghan Dumps APC, Returns To PDP

“To cushion the impacts of the downstream sector deregulation and electricity tariffs adjustment on the Nigerian masses, the federal government is among others implementing palliatives which can be easily assessed by Nigerian workers and financed from the Economic Sustainability Programme Intervention Fund with subsequent provision for 240,000 under the auspices of NLC and TUC for participation in agricultural ventures through the Central Bank of Nigeria (CBN) and the Ministry of Agriculture.

“Also, agreed is the removal of tax on minimum wage to cushion the impacts of the policy on the vulnerable; immediate provision to organized labour of 133 CNG/LPG driven mass transit buses; 10% housing allocation to Nigerian workers under the ongoing Ministry of Housing and Finance initiative through the NLC and TUC, among others.

“The President Buhari government has made solid commitments to rechannel saved national resources from the stopped fuel subsidy and deregulation of the downstream petroleum sector to other critical sectors such as infrastructure, health and education. The APC calls on all well-meaning Nigerians and stakeholders to cooperate, partner and monitor the implementation of these commitments and agreements reached by the federal government and organised labour,” the statement read in part.

The party welcomed President Buhari’s transmission of the ‘much-awaited’ Petroleum Industry Bill 2020 to the National Assembly.

According to the party, there is no doubt, the PIB will provide the necessary legal framework to the long-sought reforms and ongoing deregulation of the petroleum sector in the country.

NGF To Hold Emergency Virtual Teleconference Ahead Of NLC Planned Strike

A file photo of members of the NGF at a meeting in Abuja in January 2020.

 

Ahead of the threat by the Nigeria Labour Congress (NLC) to resort to an industrial action to force the Federal Government to rescind its decision to hike oil and electricity prices in the country, the Nigeria Governors’ Forum (NGF) has resolved to hold an emergency meeting of all the governors.

The aim of the meeting is to seek ways of settling the rift between the government and the NLC,  as well as to find a mutually agreed soft landing on amicable grounds.

This was disclosed in a communique late on Wednesday, by Mr. Abdulrazaque Bello-Barkindo, spokesman for the Nigeria Governors’ Forum Secretariat.

According to the statement, all governors are expected to attend the meeting.

The Director-General of the Forum, Mr. Asishana Bayo Okauru stressed that the matter is considered to be of urgent national importance, which needs to be quickly resolved in order not to worsen the already bad situation of Nigerians as caused by the Corona Virus pandemic.

The meeting which is the first NGF emergency virtual teleconference starts at 6 pm. Tomorrow, Thursday, September 25.


RELATED

FG Meets With NLC, TUC Over Hike In Electricity, Fuel Tariff

NLC To FG: Reverse Fuel, Electricity Price Or Face Nationwide Strike

NLC Insists On Nationwide Protest Over Fuel, Electricity Price Hike


 

Kogi Govt. To Prosecute Workers Indicted By Staff Screening Committee

The Kogi State Governor, Yahaya Bello, has vowed to prosecute workers indicted by the Staff Screening Appeal Committee set up by the State Government, to verify genuine and non genuine workers.

Governor Bello who stated this while receiving the final report of the screening exercise from the Chairman of the Committee in Government House Lokoja, said his administration has zero tolerance for corruption.

The 36 man staff complaint appeal committee was saddled with the responsibility to attend to public servant who which to appeal the decision of the screening review and complaint committee was inaugurated by Governor Bello on January 26 2017.

At the banquet hall of the Government House, are top government officials, Heads of Ministries and Parastatals, Labour leaders and their officials, Representative of Security Agency in the state and the committee members.

While appealing to the Governor to temper justice with mercy, the Nigeria Labour Congress (NLC) Chairman said the labour would hold a meeting and come out with their position.

Governor Bello who faulted the workforce said their lack of cooperation is what extended the screening which would have been done within a short time with the staff verification exercise coming to an end.

Osun Assembly To Begin Probe Of Aregbesola Over 34.5bn Naira Bailout Fund

Osun-State-House-of-AssemblyThe Osun State House of Assembly has directed some officials of the state government and organisations to appear before it on Wednesday for questioning on how the 34.5 billion Naira bailout fund given to state by the Federal Government was used.

The planned probe followed the decision of the Senate to commence similar probe.

There have been allegations of misappropriation against the Governor of the south-west Nigerian State, Mr Rauf Aregbesola.

Those invited to appear before the Osun State House of Assembly are the Accountant-General, Permanent Secretaries Ministry of Finance, Office of Budget Planning and Ministry of Local Government.

Others are the Director-General of Debt Management Office and officials of Wema Bank, Zenith Bank and First Bank.

Also invite to be part of the proceeding are Chairmen, Nigeria Labour Congress (NLC), Trade Union Congress (TUC), Joint Negotiation Council (JNC), Nigeria Union of Local Government Employee (NULGE), Market Women, as well as representative of Non-Governmental Organisation (NGO) and Civil Society Organisations (CSO).

A statement by the Chairman, House Committee on Information, Olatunbosun Oyintiloye, urged the invitees to arm themselves with all the necessary information and document on the bailout fund given to the state.

Mr Oyintiloye explained that the exercise had become very necessary in line with its constitutional powers, as enshrined in the Nigerian Constitution.

He said those invited were expected to appear before the House with useful documents and necessary information concerning the bailout fund given to the state government.

The federal Government had given bailout funds to states to enable them meet some financial obligations, especially payment of workers salaries.

FG Dismisses Proposed Sale Of Assets As ‘Mere Speculation’

lai-mohammed on CorruptionThe Federal Government has described as mere speculation, talks of a proposed sale of national assets for the purposes of getting Nigeria out of recession, saying government is ‎yet to take a decision on the matter.

Speaking to State House correspondents after the Federal Executive Council meeting, the Minister for Information and Culture, Alhaji Lai Mohammed, said it was only discussed and endorsed as a Medium Term Expenditure Framework and remains a suggestion but not a solution decided upon by government to rebound the economy.

Contrary to reports that government has already listed conditions that must be met before the sale of certain national assets, top among them the insertion of a buy-back clause in the assets sales agreements, the Information Minister says government is yet to reveal elaborate plans to take the country out of recession.

The National Economic Council headed by Vice President Professor Yemi Osinbajo had last Thursday proposed and endorsed plans to sell some national assets, in line with government’s target to raise between ten to fifteen billion dollars to revamp the economy, following the drop in the nation’s monthly foreign earnings to about three hundred million dollars.

The proposed sale was swiftly rejected by the Senate in a thorough debate at its plenary, just as the Nigeria Labour Congress (NLC) threatened to embark on mass protest against the proposed sale.‎‎

The Federal Executive Council meeting also approved three memos; the National Water Policy, the National Irrigation Policy and a draft National Water Resources Bill all aimed at tackling the numerous water challenges in the country.

The Water Resources Minister, Mr Suleiman Adamu, is positive that the three bills and policy will help Nigeria bridge the gap in the sector and enhance Nigeria’s current agricultural production agenda and the National Irrigation Policy Roadmap 2030.