Connect with us

Business

Independence Day: Hope “Will Not Fall From the Sky,” NLC Tells Nigerians, Govt

info

Published

on

Sixty-six years ago, our founding fathers and mothers wrestled this nation from the grip of colonial rule, convinced that political independence would translate into economic freedom and dignity for the Nigerian people. Today, as we mark another Independence Day, the Nigeria Labour Congress salutes every worker, artisan, youth, woman, retiree, informal economy operator, and every Nigerian who wakes up each morning to struggle for survival in a country that has increasingly turned its back on its own people. We honour the sacrifices of those who paved the path to liberation with their sweat and blood. However, we refuse to drown in empty patriotic rituals while the masses drown in poverty.

Sixty-six years after independence, Nigeria has become a nation whose governance decisions have been captured by neoliberalism; an ideology and a policy framework that does not serve workers, does not serve the masses, does not serve the nation, but is designed to serve Western capital. From policy formulation to resource allocation, from taxation to subsidy removal, from wage suppression to price escalation, the beneficiaries of this arrangement are a tiny elite (who keeps applauding) and international capital, while the costs are borne by the very people whose labour built this country.

Yet oppression has never been a permanent destiny. The power of Nigerian workers and the people ended colonial rule and forced one government after another to retreat from anti-people policies. Hope exists, but it will not fall from the sky. Hope depends on the decisions we make and the actions we take as trade unions, workers, and as a people.

We stand at the crossroads of a full-scale survival crisis. The real value of wages has been devoured by structural inflation. Petrol now sells at ₦1,430 per litre or higher in major cities and far more in remote areas. The surge in transportation costs drives up the prices of food, school fees, rent, and nearly every necessity of life, while nominal wages remain stagnant.

The root of this crisis is very clear. The May 2023 petrol price hike was a systematic assault on the working class. Government claimed subsidy removal would free up resources for infrastructure and social services. Three years later, petrol prices have multiplied several times over, yet the promised infrastructure and social services remain mirages. Where exactly did the subsidy savings go? Nigerians deserve an answer, and they deserve it now.

More infuriating is that Nigeria, Africa’s largest oil producer, depends on imported refined petroleum, while domestic refining capacity has been systematically neglected, except the effort of a few private refineries. When international oil prices fluctuate, the Nigerian working class bears the consequences. This is not an economic law. It is a policy choice that favours importers and Western refining capital while sacrificing our own people by ensuring the four publicly owned domestic refineries remain comatose.

Our demands are clear, just, and cannot be delayed any further. First, we demand that government seek ways to immediately reduce the price of petrol as transportation costs are the central transmission mechanism of inflation in Nigeria. Without cutting this chain, any effort to ease the suffering of the people is futile.

Second, we demand the immediate implementation of a nationwide wage award for all workers. A wage award is not charity. It is an emergency intervention against the collapse of real income. We demand that this relief reach all workers in federal, state, and local governments.

Third, we demand that the government deliver the tax relief agreed upon in the October 2023 dialogue with labour. The tax incentives promised in the Memorandum of Understanding signed between government and labour have not been implemented.

Fourth, we demand that government expedite action on the new national minimum wage negotiation. The current ₦70,000 minimum wage was already destroyed by inflation before it was implemented. We demand the immediate establishment of a tripartite committee to ensure that a new wage standard for 2027 is formulated and legislated before the year runs out.

Fifth, we demand that the government reduce the cost of governance and practise transparent governance. When workers are asked to tighten their belts, the extravagance and waste of the governing class are unacceptable. Government must lead by example.

Beyond these immediate demands, we insist that the government  invest massively and genuinely in road and social infrastructure, make our hospitals, schòols and other social services work. Public education must be affordable, high-quality, and accessible. Good roads are a basic precondition for reducing transport costs and improving economic efficiency.

The governmentnt must create genuine opportunities so that young people can see hope instead of being preached to about hope…so that desperate journeys  across the Sahara and the Mediterranean do not remain the only source of hope.

We must also remind the   government that insecurity has worsened the macroeconomic situation and has become one of the greatest threats to national stability. In the first quarter of 2026, nearly 2,000 Nigerians died from violence. Farmers cannot farm. Teachers and doctors dare not go to work in some places. Poverty, unemployment, desperation, and inequality are the most fertile soil for violence and crime. Without addressing distributive justice, insecurity cannot be cured, and without curing insecurity, no economic recovery is possible.

As campaigns rage on for the 2027 general elections, we warn all political forces that the choice of the people must be respected and must prevail. Any attempt to manipulate elections, intimidate voters, or exploit divisive rhetoric to incite ethnic and religious antagonism will be unacceptable to workers or all progressive forces. We will not forget the politicians who turned a deaf ear to the demands of workers. We will not forget the parties that made promises before elections and abandoned workers after winning power.

NLC  will, at the appropriate time, use our Workers’ Charter to make it clear which policies and candidates deserve the support of the working class. However, we will never accept any force treating workers’ organisations as dispensable electoral tools. Workers have the right to independent political thoughts, judgement, and choice.

NLC  will always stand on the side of workers, fighting to the end for decent wages, safe workplaces, and a life of dignity. We will uncompromisingly pursue accountability in governance, ensuring that public resources serve the people and not a predatory few. The unity and action of the masses is the only reliable force capable of changing this country. Hope belongs to those who organise, who struggle, and who choose their own destiny.

The post Independence Day: Hope “Will Not Fall From the Sky,” NLC Tells Nigerians, Govt appeared first on Business Today NG.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

CBD COP17: UNDP, UNICEF launch campaign to promote green careers among young people

info

Published

on

WhatsApp Image 2025 09 24 at 09.47.03.jpeg

The United Nations Development Programme (UNDP) and the United Nations Children’s Fund (UNICEF) have launched a global campaign to help young people discover skills and career opportunities that can contribute to a sustainable future.

The initiative, christened “See It, Be It,” was announced on Thursday on the sidelines of the ongoing 17th session of the United Nations Convention on Biological Diversity (CBD COP17) in Yerevan, Armenia.

The campaign seeks to showcase the people, skills and career opportunities shaping a nature-positive, low-carbon future, the United Nations said in a statement.

It will feature young professionals making a difference across science, technology, business, agriculture, communications, finance, the creative industries and community leadership.

From scientists restoring ecosystems and entrepreneurs building sustainable businesses to innovators developing new technologies and community leaders protecting local environments, their stories will demonstrate how young people can build careers that benefit both people and the planet.

“Young people need more than new opportunities to build a sustainable future: they need to know these opportunities exist, understand how to pursue them and see people with whom they can identify already making a living through them,” UNICEF said.

PT WHATSAPP CHANNEL
Dangote Refinery AD

The agency noted that research, including the Organisation for Economic Co-operation and Development’s (OECD) Cultivating the Future report, highlights how young people’s career expectations remain concentrated in a relatively narrow range of traditional professions.

It added that research by UNICEF and the European Training Foundation also found that career guidance failed to showcase opportunities emerging from the green transition adequately.

“These gaps underline the importance of making a wider range of career pathways visible, particularly to young people in developing countries who have fewer opportunities to access career guidance and professional networks,” the UN said.

Objectives and prospects

According to the UN, the “See It, Be It” campaign aims to broaden young people’s horizons by presenting diverse, relatable role models and showing how their interests, skills, and ambitions can help build a more sustainable world.

The campaign aims to reach 500 million young people worldwide by the end of 2027.

It brings together organisations, youth networks, educators, employers, communicators, and sustainability professionals to share stories and expand their reach.

Early supporters include the Global Youth Biodiversity Network, an international network connecting young people working to protect biodiversity; the Nature Working Group of YOUNGO, the official children and youth constituency of the United Nations Framework Convention on Climate Change; and the Youth Negotiators Academy, a youth-led organisation that trains young people to participate in multilateral negotiations.

The UN said it was inviting partners to contribute stories, amplify profiles through their networks, and help ensure young people from different countries and communities can access a broad range of role models and career opportunities.

Silvia Mestroni, UNICEF’s acting representative in Armenia, said the initiative would help young people recognise their potential and explore ways to contribute to a more resilient world.

“Every child and young person deserves the chance to imagine a future full of possibility and see how their interests and talents can make a difference sustainably,” she said.

Ms Mestroni added that connecting young people with diverse role models and stories of change could broaden their horizons, build confidence, and inspire them to explore different ways to contribute to a sustainable future.

Similarly, Midori Paxton, UNDP’s global head of biodiversity and ecosystems, stressed the need to make sustainable career opportunities more visible to young people.

“Science tells us we’ll need three earths to sustain us by 2050 if we carry on the way we are,” she said, emphasising the need to transition towards nature-positive and low-carbon lifestyles and economies.

Ms Paxton said younger generations have significant potential to shape a future where people and nature thrive. Still, she stressed that this potential requires access to opportunities and the ability to envision what’s possible.

“Through See It, Be It, we want to make the people and pathways driving change far more visible and help many more young people recognise that there is a place for their talents in building a sustainable future,” she said.

CBD COP17

PREMIUM TIMES earlier reported that representatives of governments, Indigenous peoples, local communities and other stakeholders had convened in Yerevan, Armenia, for CBD COP17.

The conference, scheduled for 19–30 October under the theme “Taking Action for Nature,” brings countries together to accelerate efforts to halt and reverse global biodiversity loss.

The 2026 UN Biodiversity Conference also includes the 12th meeting of the parties to the Cartagena Protocol on Biosafety and the sixth meeting of the parties to the Nagoya Protocol on Access and Benefit-sharing.

Discussions are focused on reviewing collective progress, strengthening implementation support, advancing scientific and policy guidance, addressing the financial and economic factors influencing biodiversity outcomes, improving biosafety and promoting the fair and equitable sharing of benefits arising from genetic resources.

At COP17, countries will undertake the first global review of collective progress under the Kunming-Montreal Global Biodiversity Framework.

The review is expected to assess how far countries have progressed towards their commitments and identify gaps requiring urgent action.

Other priorities include mobilising finance, strengthening capacity-building and international cooperation, and expanding the participation of indigenous peoples and local communities in biodiversity conservation.

Financing remains critical because implementing biodiversity commitments requires sustainable resources, especially for countries facing competing development priorities and limited institutional capacity.

The conference will also examine the policy and economic conditions that influence biodiversity outcomes, including how governments and other stakeholders can align development activities with conservation objectives.


Discover more from Premium Times Nigeria

Subscribe to get the latest posts sent to your email.

Continue Reading

Business

Seplat Energy appoints Effiong Okon as chief executive officer

info

Published

on

244381091 159504936372487 4050436558445745549 n e1765995758601.jpg

Seplat Energy Plc has appointed Effiong Okon as its chief executive officer, making him the first Akwa Ibom indigene to occupy the top executive position at the Nigerian energy company.

Mr Okon, an engineer with more than 35 years of experience in the oil and gas industry, was appointed by the company’s board of directors in June 2026 and assumed office on 1 August 2026, according to information published on Seplat Energy’s website.

Mr Effiong Okon, CEO of, Seplat Energy Plc
Mr Effiong Okon, CEO of, Seplat Energy Plc

Onofiok Luke, a former member of the House of Representatives and former speaker of the Akwa Ibom State House of Assembly, commended the appointment, describing it as a significant milestone for the state.

In a Facebook post, Mr Luke congratulated Mr Okon, saying his emergence reflected years of professional dedication, competence and service.

He said the appointment should inspire young people from Akwa Ibom to pursue leadership positions in the oil and gas industry and other globally competitive sectors.

“For years, we have consistently clamoured, advocated and hoped to see our sons and daughters rise to the apex of International Oil Companies, particularly those operating within our communities and drawing substantially from our natural endowments,” Mr Luke wrote.

PT WHATSAPP CHANNEL
Dangote Refinery AD

He also called for greater opportunities for local professionals and host communities, arguing that communities where oil and gas are extracted should participate not only in resource production but also in industry leadership, value creation and prosperity.

Mr Luke cited Udom Inoyo, a former vice chairman of ExxonMobil’s Nigerian affiliates, as one of the Akwa Ibom professionals who had previously attained senior leadership positions in the industry.

He wished Mr Okon a successful tenure and described the appointment as a source of inspiration to aspiring professionals from the state.

Career and industry experience

Mr Okon joined Seplat Energy in 2018 and has held several senior positions, including executive director of operations, director of new energy, and director of projects. He also served as managing director of ANOH Gas Processing Company Limited, a joint venture between Seplat Energy and Nigerian National Petroleum Company Limited (NNPC).

According to his biography, he oversaw the development of the 300-million-standard-cubic-feet-per-day ANOH Gas Processing Plant, which achieved its first gas in January 2026.

ANOH is an acronym for Assa North-Ohaji South, a major natural gas development project located in Imo State, Nigeria

Before joining Seplat, Mr Okon spent 26 years at Shell, where he held senior positions in Nigeria, Europe, the Middle East and the Americas. His assignments included vice president of cost leadership and continuous improvement in the Netherlands, general manager of deepwater and offshore assets in Nigeria, and deputy vice president technical and manager of the North Field at Qatar Shell.

He also participated in the commissioning and early production phases of Qatar’s Pearl gas-to-liquids project and QatarGas LNG Trains 7 and 8, according to his biography.

Mr Okon studied at the University of Benin and attended IMD Business School in Lausanne, Switzerland, and Harvard Business School in Boston, United States. He is a fellow of the Nigerian Society of Engineers and the UK Energy Institute, and a registered engineer in Nigeria.

He is married to Bertha Okon, and they have four children.

Seplat’s growth and acquisition of Mobil’s Nigeria business

Seplat Energy was established in 2009 through a partnership between Shebah Petroleum Development Company and Platform Petroleum Joint Ventures. The company has since expanded its operations in Nigeria’s oil and gas industry, with interests spanning hydrocarbon production, gas processing, and energy transition initiatives.

A major turning point came in December 2024, when Seplat completed its acquisition of Mobil Producing Nigeria Unlimited (MPNU), the Nigerian shallow-water oil and gas business formerly owned by ExxonMobil. The transaction followed an agreement announced in February 2022 and regulatory approvals for the deal.

Following the acquisition, Seplat renamed the business Seplat Energy Producing Nigeria Unlimited (SEPNU). The acquired assets include interests in four oil mining leases — OMLs 67, 68, 70 and 104 — operated under a joint venture with NNPC, as well as associated infrastructure, including the Qua Iboe Terminal and interests in the Bonny River Terminal and gas processing facilities.

READ ALSO: AFC appoints Cardoso as board chairman

Seplat said the acquisition more than doubled its production and expanded its portfolio across onshore and shallow-water operations. The enlarged business has interests in oil and gas fields, gas processing facilities and export terminals, strengthening its position among Nigeria’s indigenous energy producers.

The company is listed on both the Nigerian Exchange and the London Stock Exchange. Its operations contribute to Nigeria’s oil production and domestic gas supply, with gas serving as an important fuel for electricity generation and industrial activity. The company has also identified gas-led growth and the development of cleaner energy solutions as priorities in its strategy.

Mr Okon takes over the leadership of the enlarged company following this expansion, with responsibility for overseeing its operations, project delivery, production growth, and gas development strategy.


Discover more from Premium Times Nigeria

Subscribe to get the latest posts sent to your email.

Continue Reading

Trending