NLC kicks against sale of national assets

NLC kicks against sale of national assets
September 26 22:47 2016

The Nigeria Labour Congress has joined the debate on the proposed sale of national assets as a way out of the current recession.

The NLC held that selling the assets is not the ideal way out of the ecomomic challenges facing the country.

The President of the Union, Ayuba
Wabba, stated this on Monday while
inaugurating the NLC-ASUU 
“Think-Tank Group.”

The group, he said, was expected 
to dialogue with the Federal
 Government on ways of
addressing the country’s current 
economic challenges.

Comprising a ten-
member committee drawn from 
the different sectors of the
economy, the group is expected to 
represent the interest of Nigerians 
and come up with developmental
 agenda.

The members of the committee
i nclude Omotoye Olorode, Dipo 
Fashina, Muhammed Aliyu,
Muttaka Usman, Isacc
 Nwaogwugwu, Yemi Bangbose 
and Isa Aremu.

Others members are Sonny
 Atumah, Peter Ozo-Eson and
 Hauwa Mustapha.

“We have three ways of engaging 
government, the intellectual way, the NLC way 
which is protest, and we have lawyers that are
ready to engage government.
“We are ready to follow through with all the
 three ways,” Wabba said.

He urged Nigerians to protect
 the nation’s asset by saying no to the sale of 
the country’s national assets as was being 
proposed by some individuals.

According to him, the nation’s national asset is
 all it has for the future generation. He urged
 the government to rather ensure the
 implementation of tax justice in the country.

This, he said, would prompt the generation of
funds for the development of the economy,
 adding that tax evasion and tax waivers 
should be discouraged.

“It is only the poor and the working class that
 pay tax in this country, but if the high and
 mighty pay tax then we will have more than
 enough to go round,” he argued.

The NLC chairman urged the Federal
 Government to look into the country’s fiscal
 and monetary policy as well as take stock of 
the country’s asset.
 He maintained that foreign exchange rate had
 not only added to the problem facing the
 country, but had also made few Nigerians 
wealthy.