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Recession: NLC urges Fed Govt to shun IMF

March 3, 2017
in Business News, Latest Nigeria News
Ogun State Workers Suspend Strike
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The Nigeria Labour Congress (NLC) has urged the Federal Government not to seek solution to the recession from the International Monetary Fund (IMF).

It warned against resorting to other external institutions for help, arguing that the solutions to the challenges could be found in this country.

During the National Delegate Conference of the National Union of Civil Engineering Construction, Furniture and Wood Workers (NUCECFFWW), its President, Comrade Ayuba Wabba, said  for the country to be restored to growth path, the government should design policies that would bring back industries, create jobs, revive electricity and revalue the currency.

He emphasised the need for the government to encourage the growth of the informal sector, resume local production of petroleum products, develop solid minerals and tourism, among others.

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