Close Menu
Straightnews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Australia Plans Stricter gun laws after deadly Bondi sh00tings Claiming 16

    December 15, 2025 --- 11:43 pm

    2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants

    December 14, 2025 --- 8:16 pm

    FG Approves $2.27bn Bakassi Deep Seaport in Cross River

    December 14, 2025 --- 7:32 pm
    Facebook X (Twitter) Instagram
    Trending
    • Australia Plans Stricter gun laws after deadly Bondi sh00tings Claiming 16
    • 2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants
    • FG Approves $2.27bn Bakassi Deep Seaport in Cross River
    • INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise
    • Lawyer Faults Cross River LG Chairman’s Resignation
    • Supreme Court Upholds Maryam Sanda’s Death Verdict
    • Governor Fubara, House of Assembly Reignite Old Rivalry
    • South-South Governors, PDP Mourn Bayelsa Deputy Gov’s Death
    Facebook X (Twitter) Instagram
    Straightnews
    • Home
    • About Us
      • About StraightNews
      • Our Philosophy
      • Editorial Board
    • News
      • Nationwide News
      • Community News
      • Regional News
        • North Central
        • North East
        • North West
        • South East
        • South South
        • South West
    • Nigeria
      • Politics
      • Economy
      • Education
      • Security
      • Energy
      • Agriculture
      • Health
      • Labour
      • Environment
      • Technology
      • Real Estate
      • Transportation
      • Judiciary
      • Electricity
    • Foreign
      • Africa
        • West Africa
        • South Africa
        • North Africa
        • East Africa
      • America
      • Asia
      • Europe
    • Social
      • Photo Gallery
      • Entertainment
      • Events
      • Fashion
      • Fitness
      • Short Stories
      • Lifestyle
      • Relationship
      • Travel
      • Specials
        • Personality Interview
        • Special Reports
        • Profile
    • Articles
      • Editorial
      • Opinion
      • Essay
    • Contact Us
    • Sports
    Straightnews
    Home»Nigeria»Labour»NLC Set To Battle Political Class Over Planned Sale of Nation’s Refineries
    Labour

    NLC Set To Battle Political Class Over Planned Sale of Nation’s Refineries

    straightnewsng.comBy straightnewsng.comFebruary 6, 2019 --- 5:34 pmNo Comments4 Mins Read
    WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ayuba Wabba
    Ayuba Wabba
    Share
    WhatsApp Facebook Twitter LinkedIn Pinterest Email

    The Organised Labour is poised for a titanic battle with the political class over the planned sale of the nation’s refineries.

    Recall that Alhaji Abubukar Atiku, the Peoples Democratic Party, PDP, Presidential Candidate, has made it clear that if elected President, he would privatise Nigerian National Petroleum Corporation, NNPC.

    But, Ayuba Wabba, the NLC President, who spoke to delegates and other guests at the ongoing 12th Quadrennial National Delegates of the congress, in Abuja, insisted that the privatisation programme in the country had failed and must be jettisoned.

    The Nigeria Labour Congress (NLC) reasoned that what the refineries needed was not privatisation, but sincere turn-around maintenance to make them function and deliver services to the nation.

    This came as NLC called on the Federal Government to immediately reverse the power sector privatization, describing the power sector privatization as a total failure.

    He said: “Since the privatization of electricity distribution, Nigerians are yet to see the fulfilment of promises of efficient service delivery.

    “Instead, the electricity situation has gone worse with chronic failures by Electricity Distribution Companies, DISCOs, to supply prepaid meters, exploitation of Nigerians through estimated billings and reluctance to attend to basic complaints.

    “Even with N39 billion bailout funds from government, the supposed private entrepreneurs have failed to turn anything around except maybe their pockets, unfortunately, at the expense of Nigerians. This must stop. We call on government to reverse the power sector privatisation because it has failed.”

    “Privatization of public utilities has not generally proven to be the correct thing to do in most countries even developed ones. According to a study released by Public Services International. Why Public Private Partnerships don’t work; the many advantages of public alternative authored by David Hall privatizing public utilities has been a wreck in most countries.

    “Example from Spain, France, India, South Korea, UK, Australia among others show how public/state guarantees and loans to private sector for the utilities sector have resulted in failures on delivery of services as well as repayment in most cases,” he noted.

    On Nigerian National Petroleum Corporation, NNPC and the four public refineries, the NLC President, noted that “the crisis of industrialisation and manufacturing in Nigeria is best exemplified by the chaos in our downstream petroleum industry where we have been unable to manage our vast natural carbon resources for national development and the prosperity of our people.

    “Our four national refineries are almost under lock and key as we depend on the importation of refined petroleum products for our energy needs. “Promises by successive government to resuscitate our refineries have become a mirage.

    “To rub salt to injury, our public officials have now found a new hobby – taking ‘selfies’ in an ongoing private refinery project being constructed by the Dangote Group. This is truly sad for Africa’s largest producer of crude oil and the sixth largest in the world.

    “We will continue to push for the resuscitation of our four refineries and for the construction of additional public refineries. This will bring to an end the fraud associated with subsidy payment. We say no to the sale of the NNPC and the four public refineries. We are going to engaged any government that to sell the refineries and other commanding heights of the economy.

    “The only sustainable solution to our energy crises lies in prioritizing the development of the value chain in our downstream petroleum sector. This is a major step towards jump starting our economy and unlocking trapped jobs. Our country would also be saving trillions of naira we currently spend on importing refined and poorly regulated petroleum products from overseas.”

    Speaking on the Minimum Wage, Wabba said “For millions of Nigerian workers, an increase in the minimum wage is urgently needed; in order to ensure a living wage that covers the cost of basic needs for a family. Workers must be able to freely bargain collectively through their union for wages that reflect the tone value of the work they do and for decent working conditions.

    “On January 29, 2019, the House of Representatives passed into law a new national minimum wage of N30,000. It is expected that upon the passage by the Senate, a conference of the two chambers of the National Assembly will harmonise the bill and send the National Minimum Wage (Amendment) Act to Mr. President for signing into law.

    “We appreciate and commend the House of Representatives for the expedited action taken on the new national minimum wage bill.”

    Australia Ayuba Wabba- NLC President Electricity Distribution Companies (DISCOs) Federal Government (FGN) France India National Minimum Wage (Amendment) Act Nigerian National Petroleum Corporation (NNPC) Presidential candidate South Korea Spain UK
    Share. WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    straightnewsng.com
    • Website

    Related Posts

    Australia Plans Stricter gun laws after deadly Bondi sh00tings Claiming 16

    December 15, 2025 --- 11:43 pm

    Idem’s N1bn Grant: Shettima Tasks Lawmakers to Drive Impact at the Grassroots

    December 7, 2025 --- 1:59 am

    Argentina, Spain Handed Kind Draws For 2026 World Cup (Full List)

    December 5, 2025 --- 10:20 pm

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    Death

    Australia Plans Stricter gun laws after deadly Bondi sh00tings Claiming 16

    By straightnewsng.comDecember 15, 2025 --- 11:43 pm0

    Australia’s leaders agreed on Monday, December 15, to introduce stricter gun laws after the country’s…

    2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants

    December 14, 2025 --- 8:16 pm

    FG Approves $2.27bn Bakassi Deep Seaport in Cross River

    December 14, 2025 --- 7:32 pm

    INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise

    December 13, 2025 --- 11:41 pm

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The publication is committed to the principles of development journalism. We are prepared to change the public perception that the profession is a harbinger of hate, blackmail, sycophancy, prejudice and falsehood.

    We pledge to use journalism practice to give voice to the voiceless and to give people of all shades of opinions an opportunity to tell their stories.
    We're accepting new partnerships right now.

    Recent Posts
    • Australia Plans Stricter gun laws after deadly Bondi sh00tings Claiming 16
    • 2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants
    • FG Approves $2.27bn Bakassi Deep Seaport in Cross River
    • INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise
    • Lawyer Faults Cross River LG Chairman’s Resignation
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2025 Straightnews Wire Limited

    Type above and press Enter to search. Press Esc to cancel.