The Presidential candidate of the PDP Atiku Abubakar has restated his position in support of labour in its struggle for a living wage.
The former Vice President, however, in a statement by his media adviser, Mr. Paul Ibe, urges both organized labour and federal government to exercise restraint and avoid creating situations that will plunge the nation into deeper crises.
Atiku Abubakar implores labour to reconsider its stance on an industrial strike action. He encourages both sides to go back to the negotiating table and reach an agreement.
“Our economy is already on its knees and escalation of this crisis into full blown industrial strike action may have dire consequences for our nation”.
Meanwhile, the Atiku Presidential Campaign Organisation has described the fuel subsidy regime as inefficient, and shrouded in secrecy.
It expressed alarm by an online newspaper, Premium Times, report of illegal diversion of $1.05 billion to secretly fund subsidy payment on petroleum products.
“This revelation has once again brought to the fore the need to review the administration and management of the subsidy regime by the Federal Government.
“We believe that the subsidy regime as it is currently being administered is inefficient and shrouded in secrecy.
“We are committed to the elimination of this process that is undertaken without any recourse to transparency and due process.
“Moreover, the retention of revenue by revenue earning agencies of the government for their operation is hardly done judiciously and responsibly.
“We will commit to a review of that policy such that every revenue earning agency is brought into the federal budget in accordance with international best practice.