World Economy

Nigerians Warned of Harsh Economic Times

Nigerians Warned of Harsh Economic Times
Nigerians Warned of Harsh Economic Times

Outgoing Nigerian President, Goodluck Jonathan has advised the nation’s workers to be prepared for the harsh economic realities in the country triggered by the recent fall in the prices of oil at the international market, stressing that industrial relationship can only be more cordial, if democracy was nurtured to grow.

He noted that the current unfavorable economic realities were so glaring that the workers cannot afford to ignore them in their engagements with government and as such advised them to be realistic with their demands, NewsNow reported.

Jonathan spoke through the Minister of Labor Sen. Joel Danlamilkenya, while addressing workers during Friday’s May Day celebrations.

According to him, “It is in this circumstance that the theme of this year’s Workers’ Day becomes more germane for positive engagement between government and labor. It is therefore proper to celebrate workers because of the critical role they play in the society. May Day confers us the opportunity to reflect on the inherent reality we are being confronted with due to scarce resources.


“The Nigeria Labor Congress (NLC) and Trade Union Congress (TUC), have a duty to play, charting a way forward for continued development and growth of Nigeria.’’

The president further commended both the NLC and the TUC, for their various contributions towards the sustenance of Nigeria’s development and democracy, describing them as the gateway to national development.

His words, “The workers, apart from their immense contributions, have in no small ways, made contributions towards the achievement of democracy through the enhancement of the processes and participation. Over these years, the workers have deepened their voice and government had attended to them.

“There is a new initiative being championed by the ministry of labor and productivity aimed at broadening industrial and labor harmony and trade unionism. This development will no doubt engender the spirit of patriotism, national consciousness, occasioned by natural justice and reasoning.

“For us, the labor movement is central to national productivity and development, and as such have a critical role to play in chatting a way forward for continued development and productivity and in settling labor disputes.

“I have set a mechanism in place to further deepen government and labor relations. Let us use this opportunity to make a commitment for national development and rebirth. Attainment of national vision will not be possible without the commitment, work and participation of Nigerian workers. It is a joint effort. I look forward to seeing a strong and vibrant federation under the new leadership of labor. I urge them to ensure workers welfare and also, working constructively for the transformation of Nigeria,” the president admonished.