Sunday, 23 October 2016

NLC says President's economic policies are ineffective

The Nigeria Labour Congress has said President Muhammadu Buhari's economic policies aren't effective.

In a recent report by Punch Newspaper, NLC says the difficulties being faced by Nigerians clearly shows that the economic policies of the government have not been effective so far.

The General Secretary of the workers' union, Peter Ozo-Eson, made this knonw while calling for the review of government’s economic policies.

“Government needs to rethink and review its policies in order to ensure that the various difficulties are overcome.”


Corroborating him, the Kwara State Chairman of the Trade Union Congress, Olumoh Kolawole, said the economic policies of the Federal Government were not working.

Kolawole cited high inflation, mass retrenchment of workers by companies, high cost of living and high unemployment rate as reasons for saying the current economic aren't effective.

In his words: “The situation is pathetic. In fact, the economic policies are not working. It is high time the Federal Government brought in professionals to help revive the economy.

“Some of those currently on-board are not competent. We need professionals and not bureaucrats,” Kolawole said.

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