22 May 2016, Lagos – The Federal Government has released names of its members of the technical committee to work with organised labour on the agreement it reached with the Trade Union Congress of Nigeria, TUC, and Nigeria Labour Congress, NLC, on palliatives, following the hike of pump price of petrol to N145 per litre.
While the government has seven representatives, NLC and TUC would present seven other members. The committee will be inaugurated on Monday, May 23, 2016.
A statement by Samuel Olowookere, Deputy Director (Press), on behalf of the Minister of Labour and Productivity, Senator Chris Ngige, said, “following due deliberation on the issue, the government resolved with the Federation of Trade Unions as follows That the government will expedite action on the composition of the minimum wage review committee and the committee is expected to complete its assignment and submit its report within six months of its constitution. Accordingly a technical committee will be set up to develop frame work for the working of the tripartite committee on minimum wage review.
This technical committee will be constituted to also consider suggestion and contributions from relevant parties on the component of the half trillion naira (N500 billion) provided in the 2016 annual budget as palliatives’ measures to cushion the negative fall-out of the deregulation of the down-stream sector of the oil and gas industry. That the technical committee will complete its assignment and revert to the committee of the whole within two weeks That the PPPRA Board will be statutorily reconstituted within two weeks to ensure effective and proper pricing and distribution the petroleum which is their main function.