Loading...
You are here:  Home  >  News  >  General News  >  Current Article

Pasali Commends Buhari For Signing Mou With Chinese To Rescue Nigeria

By   /  May 27, 2016  /  No Comments

    Print       Email

Yakubu Busari

The National secretary independent marketers association (IPMAN),Alh Danladi Garba  Pasali has commended President Muhammadu Buhari for  signing MoU with the Chinese government in rescuing Nigeria economic and also boosting relationship with the ancient Tigers .

He said Nigeria stand to gain a lot from the ancient Tigers in the area of technological transfer and improving the agricultural sector.

Pasali described the ongoing strike by Nigeria Labour Congress (NLC) as regrettable action which is not in the best interest of Nigerians.

He gave this  in an interview with newsmen at his resident in Jos Local Government Area of Plateau State at Angwan Rukuba .

According to him, this country’s economy would have collapsed if the union had insisted on the old pump price regime of N86.50 or joined NLC to embark on the strike.

Pasali reiterated that the old price regime became practically unsustainable given the facts  and figures presented to the union by the Federal Government`s team during negotiations which cannot pay the salary of one ministry.

According to him “Our economy is heavily dependent on crude oil sales and in the figures presented to us NNPC made N550 billions on sales of crude and only N50 billions was remitted to the Federation Account.

“The chunk of N500 billions was used to import refined petroleum products should be used in payments of civil servants salary.

Pointing out “that was the reason why the three tiers of government in the last federation account meeting shared what was considered to be the least to be shared in the last 16 years.

He disclosed that “If federal government had insisted on the N86.50, our members would not receive salaries in the next two months.

“So, when we saw this position. Instead of remaining dogmatic, we opted for negotiation on how to move forward to avoid the collapse of the economy, “ he said.

Pasali advised that the union signed an agreement with the Federal Government to address the issues of minimum wage and palliatives for Nigerians to cushion the effects of the increase.

With the diversification of downstream sector additional refineries would be built in North central and across the states may also like:  Providing jobs opportunities via investments in Nigeria

“We also signed an agreement for the reconstitution of the board of Petroleum Products, Pricing and Regulatory Agency (PPPRA) to include members of organized labour so that we can monitor the template for the distribution of petroleum products from depots to the retail outlet.

Pasali revealed that “Part of that agreement was that all refineries must be brought to life and enabling environment provided for modular refineries to operate around the existing refineries.

“These modular refineries, we belief would go a long way to help in the supply of our local consumption need, “he said.

He advised state governors to look inward on ways to grow their Internally Generated Revenue to enable them to meet the development needs of the people.

Pasali said that the union would monitor closely the disbursement of bailout funds and would report any state that diverted the bailout funds to the EFCC and ICPC for necessary action.

    Print       Email

Leave a Reply

You might also like...

Attacks On Churches: Nasarawa CAN Calls  On FG To Restructure Security Apparatus

Read More →
%d bloggers like this: