Sanusi, Kukah, Peterside, Others Commend Resolution Of Dangote, Oil Union Dispute

4 weeks ago 7

A radical of salient Nigerians person commended the national government, labour unions, and the absorption of Dangote Refinery for resolving the caller concern quality done dialogue. They described the installation arsenic a captious nationalist plus that indispensable beryllium protected successful the country’s economical interest.

The commendation is contained successful a  connection signed by 12 eminent Nigerians, including erstwhile Aviation Minister Osita Chidoka, Executive Director of EiE Nigeria, Opeyemi Adamolekun; banker and economist, Atedo Peterside, and the Emir of Kano, Khalifa Muhammad Sanusi II, Sarkin Kano. Other signatories to the connection see Ibrahim Dahiru Waziri, Abubakar Siddique Mohammed, Obonganwan Barbara Etim James, Senator Sola Akinyede, Dudu Mamman Manuga, Arunma Oteh, Dr Salamatu Hussaini Suleiman, Bishop Matthew Hassan Kukah, and Aisha Yesufu.

The radical expressed interest implicit the disruptions that accompanied the quality but welcomed the consequent de-escalation facilitated by authorities mediation.

The connection noted that portion the disagreement has been settled, the incidental offers important lessons for Nigeria’s economical and concern future.

“For decades, Nigerians endured the illness of government-owned refineries, the discarded of trillions of naira successful subsidies, and dependence connected substance imports,” the signatories said. “In this context, the Dangote Refinery represents much than a backstage venture; it is simply a nationalist awesome of what bold home concern tin achieve.”

Theypointed retired that the refinery had already begun easing proviso pressures, with petrol prices reportedly falling from astir N1,500 per litre to astir N820 successful immoderate areas — a simplification of astir 55 per cent. According to the statement, this has positively affected transport costs and nutrient prices, reflecting the imaginable benefits of section production.

The group, however, cautioned that labour unrest and threats of strikes nonstop the incorrect awesome to investors, particularly astatine a clip erstwhile the federation needs some superior and innovation to thrust economical growth.

“Industrial disputes, if not cautiously managed, hazard discouraging some home and overseas investment,” they said. “A refinery of this standard is simply a nationalist lifeline with profound consequences for jobs, vigor security, and inflation.”

The connection underscored 3 guiding principles for Nigeria’s economical stability: respect for workers’ rights, extortion of productive enterprises, and adherence to societal work and accountability.

It stressed that portion workers person the law close to organise and request just treatment, specified actions indispensable not undermine productivity oregon clasp the system hostage. Similarly, investors were urged to run transparently, uphold just labour practices, and lend meaningfully to assemblage development.

Addressing nationalist concerns implicit imaginable monopoly oregon marketplace dominance, the signatories urged that specified issues beryllium handled done statutory agencies similar the Federal Competition and Consumer Protection Commission (FCCPC), alternatively than done concern actions that harm mean Nigerians.

“There is nary ineligible monopoly here; others are escaped to put successful refining, provided they tin mobilise the indispensable resources and expertise,” the radical noted.

They further praised each parties for choosing dialog implicit confrontation and called for this tone of engagement to go the exemplary for handling aboriginal disputes.

“This situation is not simply astir a refinery; it is astir the absorption of our system — whether we volition proceed successful a rhythm of scarcity and rent-seeking oregon physique a aboriginal anchored connected productivity, fairness, and shared prosperity,” the connection concluded. “The Dangote Refinery represents an audacious measurement forward. It should not beryllium undermined but strengthened arsenic a awesome to different industrialists that investing successful Nigeria’s aboriginal is worthwhile.”

Read Entire Article