Organised Labour in Nigeria and the Nigeria employers consultative Association, NECA has signed a memorandum of understanding, to protect job losses in post COVID-19
At the event in Abuja on monday, presidents of NLC Ayuba wabba and TUC Quadri Olaleye say jobs are not only threatened by the CORONAVIRUS pandemic, but by unabating INSECURITY and oil price drop
Uncertain times for the economies of countries all around the world over the impact of COVID-19.
Nigeria is having her fair share as the economic sustainability committee, ESC, chaired by vice president yemi Osinbajo is projecting about forty million jobs, which translates a to 33.6 percent, may be lost by december 2020.
Against this background, organised labour and the Nigeria employers consultative association have signed a memorandum of understanding to prevent these economic gloom predictions, especially in the private sector.
A job protection MOU between organised labour and employers appears to be a moral booster for workers who are already threatened by the job losses prediction of government.
Lazarus Ikenga, is a civil servant
Minister of Labour and employment, chris Ngige has said severally that government will be creating about two million jobs post covid -19 and will work to protect existing jobs, but with the ESC report, the feasibility of this statement remains to be seen.