Organised Labour yesterday in Abuja told the Federal Government that the Nigerian economy was in bad shape and that ordinary Nigerians were suffering.
“Presently the economy of the country is in a very bad shape. We are in a period of stagnation with its attendant slow economic growth, high unemployment and rising prices. The country’s currency, the Naira is in a free fall. There is insecurity posed by Boko Haram insurgents, problem of herdsmen and Niger Delta militants, and a host of other ills bedevilling the country,” said president of the Trade Union Congress of Nigeria, TUC, Mr. Bobboi Kaigama, at the 10th Triennial National Delegates Conference of the Congress.
However, he insisted that “In spite of all these challenges, however, we cannot afford to give up the struggle. But I see hope coupled with signals of a brighter future for our unborn generations. We will surely get there.”
“The theme of this Conference, “Labour and National Re-orientation: The Change we want” is apt and well crafted to reflect our present situation and steps needed to be taken to reshape the country and favourably reposition it to rank among the best in the comity of nations,” Kaigama said.
“The several mind-boggling corrupt cases we have at hand are eloquent testimonies to the fact that but for providence, the country would have since ceased to exist. Some people have cornered a large chunk of the wealth of the country to themselves and their cronies. In the past, we questioned the rationale behind any individual keeping two billion naira, but today such a question might be considered irrelevant as individuals even keep billions of dollars in soak-away pits, septic tanks and even buried them in the ground.
“The fight against corruption is on and we commend the present administration for the bold and courageous initiative. It is however necessary to state that more still need to be done effectively to sanitise the system,” he said.