Panelists Seek Alternative Economic Approach To Address Impact Of COVID-19

Panelists at a discussion on the impact of COVID-19 management on Nigerian workers, have called for a viable economy that will promote good industrial relationship system in the country.

According to the speakers, the COVID-19 pandemic has greatly affected the global economy, putting all sectors of the under severe financial instability, leading to huge job loss, increased death rate, as well as reduced the budget projection for the year 2020.

Speaking during the virtual meeting organized by the National Institute for Legislative and Democratic Studies, NILDS, the Deputy Chairman, House Committee on Labour, Employment and Productivity, Hon Shehu Bawar Beji, explained that some of the measures taken by the Federal Government to empower citizens towards  cushioning the effect of the virus include

Prompt payment of Civil Servants salaries as and when due, and plans are under way to Create 774000 jobs for Nigerians across the country.

He said the job massive creation would be achieved through Local governments and stressed that the legislature was committed to ensuring judicious use of all allocated funds, through proactive oversight functions.

On his part, the Former National President, National Anthropological and Sociological Association, NASA, Professor  Ifeanyi Onyeonoru, urged Government to ensure food security through investment on Agriculture.

He said.”Agro based industrialization should be given more attention, local production should also be prioritized for self sufficiency and the Federal Government, should as well increase the awareness of the pandemic at the grassroot”

The Vice President, Industrial Global Union Comrade Issa Aremu, called for a new industrial arrangement, solidarity economy and provision of basic facilities for enabling business environment.

” we must look inward to determine a new approach that would turn things around, relevant stakeholders must equally set up a committee to ensure that private sectors does not lay off or refuse to pay their staff, all these were new approaches to surviving the post Covid -19 pandemic”

Ealier in his opening remark the Director General of the institute Professor Abubakar Suleiman, explained that the institute was able to inaugurate a technical committee that produced a report tilted; legislative framework to tackle Covid -19 pandemic in Nigeria and reopening of the economy, and NILDS is also working on a book tagged, The Political Economy of the pandemic and Implications of Covid19 for Nigeria, among others”

Julian Osamoto.

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