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Marketers Will Pay Naira for Dangote Fuel -IPMAN

Aliko Dangote Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday. Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators had continued to register with the plant. It was further gathered that officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority were meeting with the management of the refinery to perfect the pricing template for products produced by the facility. On January 12, 2023, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel. The President, Dangote Group, Aliko Dangote, had in a statement issued by the firm, said, “We have started the production of diesel and aviation fuel, and the products will be in the market within this mon

Labour gives FG ultimatum on new wage


[FILE PHOTO] The President of the Nigerian Labour Congress, Ayuba Wabba PHOTO: NAN

The Nigeria Labour Congress (NLC) has given the Federal Government 11 days to transmit the new national minimum wage to the National Assembly, saying industrial peace and harmony would not be guaranteed in the country if their demand is not met before 31st December.

At a press conference yesterday in Lagos, the National President of the NLC, Ayuba Wabba, in the company of other labour leaders, including Bobboi Kaigama of the Trade Union Congress (TUC) and Joe Ajaero of United Labour Congress (ULC), said two months since the submission of the report by the tripartite committee, which included a bill, it had not been submitted to the National Assembly for passage into law.

The labour leaders warned that the notice served was a signal for the organised labour to recall its suspended nationwide industrial action.

They insisted that the technical committee to be set up by the Federal Government is alien to the tripartite process and the International Labour Organisation (ILO) conventions on national minimum wage setting mechanism.

They described the plan as diversionary and a delay tactic, arguing that the national minimum wage committee is both technical and all-encompassing in its compositions.

“Patiently we have waited. This is the appropriate time to discuss workers’ issues, because they want to know the fate of their interest on the new wage. This is about issue-based contestation, “ Wabba said.

He dismissed insinuation that the new wage would lead to inflation, saying it would rather improve on the economy.
Wabba listed some countries that have implemented new minimum wage. He cited South Africa, who is about going into recession, but has implemented a N120,000 new minimum wage.

On the technical committee, Kaigama said: “Labour will not be part of the committee. For us, this matter is closed. It is like putting the cart before the horse. We have concluded all processes because the state governments were part of the tripartite committee. So, what are the new issues after a report has been submitted?”

(Guardian News Nigeria)

posted from Bloggeroid

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