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Steel workers lament closure of 272 factories in Nigeria- The 19th China£¨Guangzhou£©Int¡¯l Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition 9/13/2017 îÓ½ðÕ¹-Sheetmetal machinery, Forging, Stamping expo |
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Daily Trust reported that steel and engineering workers have raised an alarm over the closure of 272 factories in Nigeria and sack of 3,000 since 2016. The National President of Steel and Engineering Workers¡¯ Union of Nigeria (SEWUN), Mr Elijah Adigun, said that any economy that is not producing goods and services could not come out of recession.
Mr Adigun, speaking at the union¡¯s annual industrial relations conference and workshop held in Lagos, said since government at various levels have failed to protect local industries, workers have lost their jobs leading to economic recession.
He noted that Nigeria needed a robust production-based solution to exit the recession.
Adigun said that ¡°Our deficiencies in local production have to do with inconsistency in policies and inefficiency in government parastatals and regulatory agencies, as most of those manning the vital sectors of the nation¡¯s economy are operating outside their field of expertise. What Nigeria needs is a crop of technocrats to drive the ship of the economy out of the ocean of recession.¡±
He said the challenges of operating in the country¡¯s current economic context, while being conscious of global standards and trends, informed the union¡¯s choice of ¡®Employing Information Technology as a Platform for Increased Effectiveness in a Globalised Economy¡¯ as the main theme for this year¡¯s workshop.
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