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00:00:00impacts your everyday life, helping you navigate the ever changing
00:00:03financial
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00:00:39me
00:00:48Hello and welcome to labor length, I am Sharony Jason, on this week
00:00:52edition
00:00:53of the program will be focusing on the financial sector and the
00:00:56government policy, especially that
00:00:59of the banking. Recapitalization and how it affects
00:01:03walkers. We also have new stories for you, we will be right
00:01:06back.
00:01:11of
00:01:24you. The president
00:01:24of the Nigerian Liberal Congress has called on walkers across the country to prepare
00:01:28for the renegotiation of. the national minimum wage, the battle
00:01:32for living
00:01:34of wage will soon begin earnest, and as we
00:01:37discuss the politics
00:01:39of the future, we must ground our discussions
00:01:43in the immediate material realities of our
00:01:46class, we are preparing for the
00:01:49renegotiation
00:01:50of the national minimum wage. let us be
00:01:53of clear, the party sum
00:01:57that currently passes for a way, can no longer
00:02:01be sustainable, it is
00:02:04poverty wage, we must not go to
00:02:08the negotiation table with begging bow,
00:02:12we go as
00:02:13a class that understands its power, we must
00:02:17demand wage that truly approximates a living
00:02:21wage, wage that takes workers
00:02:24home with
00:02:27of enough to feed addressing participants at the 2020. 6 NLC rain
00:02:31school eld in Akwai bom state, labor leaders urged union
00:02:34leaders to provide courageous and visionary leadership
00:02:38while remaining committed to protecting the rights and welfare of
00:02:42Nigerian workers. They also called on Nigerian workers to unite,
00:02:46depen political participation and prioritize issue based
00:02:49engagements ahead
00:02:51of the 2027 general elections. For those of you attending
00:02:55of these schools for the first time, please take it
00:02:58seriously. I can tell you for free that I
00:03:02am
00:03:03of one
00:03:06of of the first participants of of the Hamatan school which took place first under Comrade
00:03:09Adams, it was actually in Bauchi, that's when the school
00:03:13started, and I recall that time we had many of our corporates from
00:03:17South Africa, Zimbabwe,
00:03:19Ghana, Tanzania, all international guests were
00:03:23there, so basically to
00:03:25in continue this process from 2002,
00:03:29I think... to today, I think it is
00:03:33something that uh needed to be commended and I want all of
00:03:37you to give the attention that he desire uh for this
00:03:40training, and when you go back, the idea is also for you to scale it
00:03:44down in your union uh, because you need to transfer
00:03:48knowledge from one leadership to another or within the
00:03:51cycle of a
00:03:53of union of so that we can have a density of workers that are well
00:03:56informed, like I said for decades the FES. stood
00:04:00with the Nigerian labor movement, rooted in our sheer
00:04:04commitments to social democracy,
00:04:07workers rights, economic justice and
00:04:10democratic governance. The NLC rain school
00:04:14remains one
00:04:15of the platforms for political education, a
00:04:19time of critical reflection and capacity building
00:04:23effort for trade unions across the country.
00:04:27I'm told that as at today we have -
00:04:30200 participants already registered for this
00:04:34score, the team chosen for this year
00:04:38of score, the working class and the politics of
00:04:412027 elections, issues, challenges
00:04:45and opportunities is both timely,
00:04:48relevant and urgent across Nigeria,
00:04:52the working class continues to bear the
00:04:55heaviest burden of socio economic reforms
00:04:58influence. wage
00:05:01devaluation and rising living
00:05:04cost. the upcoming 2027 electoral
00:05:08cycle must not be treated as merely routine
00:05:11transition. of political office older, it must
00:05:15be friend, having said that, on behalf
00:05:19the ilo country office director, and on
00:05:23behalf the director the ilo bureau for
00:05:26workers activities, i extend our
00:05:30warmest fraternal greetings and
00:05:34message of unwevering solidarity to the
00:05:38working men and women of Nigeria,
00:05:42as Nigeria approaches the pivotal
00:05:452027 political
00:05:47milestone. The working class find
00:05:51itself a very critical
00:05:54historical crossroads. As Ayello, we
00:05:58recognize that Nigerian workers are
00:06:01currently bearing the heaviest burden
00:06:05of profound economic
00:06:07transformation. The realities of
00:06:11skyrocketing inflation. expression, eroded
00:06:14purchasing purchasing power and the sky
00:06:18rocketing cost of basic necessities have
00:06:22tested the resilience the Nigerian people to
00:06:26its absolute limits. As the
00:06:29ILO, our stance remains very, very
00:06:33clear and resolute, there can be
00:06:37no sustainable democracy or
00:06:40economic progress without.
00:06:44The annual rain school regarded as one the Nigerian Labor Congress flagship
00:06:48political education programs brings together Trade Union
00:06:52leaders and workers from across Nigeria for leadership
00:06:55development, policy discussions and capacity
00:06:59building.
00:07:05Representatives the International Labor Organization, Frederick
00:07:08Edbert Stefank, the Solidarity Center and the Labor Party.
00:07:12made contributions at the rain school, no
00:07:16turning back, no turning
00:07:19back, i can see
00:07:21everything,
00:07:28the key concern is that as we approach the
00:07:312027 politics, workers have to be very much
00:07:35conscious in terms of who they bought in terms
00:07:39of those that will actually... affect
00:07:43their socio-economic well being, as you can see, the working
00:07:46people are facing lot of challenge in terms of
00:07:50declining purchasing power, erosions in their wages
00:07:54and access to social
00:07:57protection. the expectation is that at the end of this
00:08:01school, the participants would
00:08:05have had enough agitation, enough
00:08:08education to go home and play.
00:08:12very vital role in the process the
00:08:15production the new leadership the
00:08:18country, that is, as we are going to
00:08:22an election here, not just by voting, by
00:08:26educating people on
00:08:28what is expected from leadership,
00:08:31assessing and helping to educate the larger
00:08:34society about what governance, what the
00:08:37people should expect from those who take over
00:08:41governance.
00:08:46On the profile interview segment this week, I'll
00:08:48be speaking with the acting national president of asbif. It brings us
00:08:52up to speed on what the CVN policies are and how it
00:08:56affects Nigerian workers, he emphasize that the banking
00:08:59recapitalization has not affected workers
00:09:02negatively.
00:09:06It's the first time I've been speaking with you since your assumption of
00:09:10office. I think it's safe to say. congratulations, thank you,
00:09:14lot has been happening in the world of work, and for those in the banking and
00:09:18finance sector, it's all about
00:09:20recapitalization by the CBN, why do we need to have
00:09:24this conversation at this particular point in time, why is it necessary for
00:09:28CBN to say, you know what the financial sector means and
00:09:31overall? the reality is recapitalization
00:09:35simply means showing your capital is of this financial institution and it
00:09:39could be corporate or regulatory induced.
00:09:43so in this instance now is regulatory induced
00:09:46and capital bases to the extent
00:09:50the extent the how deep the capital b of a bank
00:09:54is is how far they can do business, how far
00:09:58they can drive the drive economic growth in the country,
00:10:01so CBN in isoison one wanted a situation
00:10:05whereby Nigerian banks will be more stable, remember the
00:10:08recapitalization of 2004 to 2005.
00:10:13helped us during global crisis of
00:10:162008, there was o Nigeriaman that went under to the best
00:10:20of my knowledge because of that shock absorber
00:10:24that they had already put in. place in terms of healthy capita
00:10:27be
00:10:28so now CBN in his wisdom in 2024 came out with this
00:10:32policy that there should be tired recapitalization
00:10:35stretched over a period of two years 2024 to 2026 it
00:10:39was just simply that they wanted the healthier
00:10:43banks more strong banks and banks that will be more
00:10:46resilient and be able to drive economic growth in Nigeria
00:10:50because the capital base of a bank is to how
00:10:54comfortable the bank. would be to do some kind of businesses now we
00:10:58have international banks to 500 billionaire
00:11:02capitalization capital biss 200 billion for national
00:11:05bank 50 billion for manchant bank regional banks and all that so
00:11:09meaning that an international bank in nigeria will be able to do some kind of business
00:11:13500 billion is not small money yes some people will say in fact
00:11:17for me even think some people are already agitating that the capital
00:11:21base should further be increased because "we
00:11:25can now see that Nigerian banks are driving economic growth because they are able to
00:11:29lend more, because banks now have surplus to
00:11:32lend to violence and harassment at work
00:11:36places, that's why we discussed this
00:11:39policy and we feel that it's a policy that when
00:11:43implemented and adopted is going to help all our
00:11:46affiliates,
00:11:47you know, all the federations that are affiliated to us
00:11:51implement the same in their workplaces, but als
00:11:55to extend it to extend it to the employer so
00:11:58that uh we can have a workplace that
00:12:02is safe from violence and harassment. are there any timelines
00:12:06set aside to achieve this policy
00:12:09draft? yes, this timeline for achieving this
00:12:13policy draft, we expect that by the
00:12:17end of this year and when we will be having our general
00:12:20council meeting, we will be able to
00:12:25in October, we can adapt it, then it can be
00:12:29sent to all our affiliates uh, to
00:12:32borrow leave from them when they are developing their
00:12:36GBV policies, when they are developing their sexual
00:12:39harassment policies, they can borrow leaf from us and
00:12:43implement in their unions and extend it to the
00:12:47employers. going back to the conversation as regards achieving occupational
00:12:51health and safety in the workplace, it was observed during the com friends
00:12:55that we have some African countries that yet to ratify
00:12:58conventions that relate towards advancing
00:13:02occupational health and safety in the workplace, how would you react to
00:13:06this? first of all, let me say that, when we talk
00:13:09occupational safety and health issues at
00:13:13workplace, our intention as
00:13:17a union is to make sure that we handle osh
00:13:20issues in hall, not just looking
00:13:24at. now making sure that we have safety boot or
00:13:27personal protective equipments, but we are talking
00:13:31prevention, how can we prevent workplace
00:13:34injuries, how can we prevent workplace
00:13:38hazards, how can we make sure that a worker is
00:13:42prevented from these um hazards that would cause
00:13:46occupational safety and health diseases, because
00:13:49remember our intention is not for
00:13:53somebody to be affected at
00:13:56workplace and then we start discussing issues
00:14:00later, we want workers to be protected, so ours
00:14:03is prevention, ours is to make sure that there is decent work
00:14:07at work places, ours is to ensure
00:14:11that there is total protection, that we even the
00:14:14jobs that we have our workplaces are
00:14:18good, that there is no sexual harassment at workplaces,
00:14:22mean we are looking at all as a
00:14:26whole, not a component. the draft
00:14:29policy, which aims to eliminate
00:14:32gender-based violence, harrastment in the
00:14:35workplace, was a policy that was drafted in Nairobi,
00:14:39Kenya. As the Deputy President of ITUC Africa,
00:14:43are there specific situations that prompted
00:14:46ITUC Africa to take this
00:14:49initiative? my message would be that
00:14:52countries ratify convention. number 155
00:14:56on occupational safety and health and
00:15:00domesticated and when i say to domesticate
00:15:03is to make sure that it is implemented at the country
00:15:07level, not just ratifying and not
00:15:10implementing.
00:15:12you know, if we do not um ratify these
00:15:16conventions, of course they are binding because they have been ratified
00:15:20by other countries and we are member states and whether we ratify
00:15:24or not it's binding, but it would be good to
00:15:27ratify and to domesticate,
00:15:31because once domesticated, then it means that the country
00:15:35is ready implement. the the the
00:15:39convention that has been ratified, so I think my message
00:15:43is that we ratify and domesticate these
00:15:46conventions. I know many countries are saying that they have
00:15:50maybe labor laws on occupational safety and health that
00:15:54they are using and they feel that it is not necessary to ratify these
00:15:58conventions, but I would say that it is very
00:16:01important to ratify these conventions because only then
00:16:05can you you know '
00:16:08implement and make sure that you can be
00:16:12checking whether it is working or it's not working
00:16:16and if it is not working what could be the the challenges
00:16:19and how do you then mitigate uh then the risks that
00:16:23are there? what are your observations as regards informal workers in
00:16:27Africa? would you say that they have all the mechanism put in
00:16:31place by various stakeholders to ensure that they have safe
00:16:35workplace? yes um I
00:16:38think first of all let me say that
00:16:42um the largest employer is informal
00:16:45sector, that is where we have
00:16:48huge, huge membership
00:16:51of workers and as a union
00:16:55we are organizing informal sector workers, we have memorandum
00:16:59of understanding with associations, informal
00:17:02sector workers associations and we help
00:17:06them. especially when it comes to occupational safety and
00:17:10health issues,
00:17:11you know informal sector workers do not have
00:17:15protective equipments, personal protective equipments and
00:17:19therefore we thought it wise to organize them so that we can
00:17:23carry out some education to them, we can also give them a
00:17:27platform, because many of times it is not easy for
00:17:31them to get a platform where they can air their views, where they can air
00:17:35their griviances and so... for us we have been
00:17:38connecting them to the local authority to make sure that
00:17:42they can air out their grieviances, but above all you
00:17:46will also realize that i come from the metal sector and the
00:17:50metal sector you would find that most of
00:17:53our members in the informal sector are people working
00:17:57either in the garage because they are either mechanics panel
00:18:01beaters or spray painters and most
00:18:04them um finished school and them could
00:18:08not afford to go to colleges and so
00:18:11they go to their uncles and they learn on
00:18:15the job this um this work and so it is
00:18:19also we decided to connect
00:18:23them to the national industrial training authority so that they
00:18:27can be satisfied certified at their places of
00:18:30work and therefore we have those them who have been enrolled
00:18:34in the in the program
00:18:38uh so that they can be tested at
00:18:41workplaces and they can do their exams and when
00:18:45they pass, they can be graded and they can get government
00:18:49grades, so that is what we are doing with
00:18:52them, during and this is
00:18:56done under recognition of prior learning, sharon, you
00:18:59know we have the recognition of prior learning,
00:19:03so this is where this informal sector workers fall.
00:19:07under and that is why then the national industrial training
00:19:11authority has to make some term programs for
00:19:15them, test them and give them certificates with government
00:19:18grades so that if they want to apply for formal
00:19:22employment then they they can do so because they have
00:19:25certificates. during the workshop there was several conversations as
00:19:29regards how accident victim should access
00:19:33care and there was this conversation as regards availability
00:19:37of fund and maybe should countries um
00:19:41institutionalized insurance um insurance
00:19:44system in place to ensure that every worker is ensured both
00:19:48formal or informal. in Nigeria where i
00:19:51reside, we have insurance uh
00:19:55sector or an agency uh managed by government, but not
00:19:59everyone has been able to key into this system. you're the
00:20:02deputy president of ituc Africa, you are based in
00:20:06Nairobi, Kenya, what are your observations, what would be your
00:20:10recommendations as regards accident victims
00:20:14having access to f to ensure that they are
00:20:17protected when accident happens? do
00:20:21believe that um in the labor loss there is work
00:20:25injury benefit act and in the work injury
00:20:28benefit act it is stipulated when you
00:20:32get accident what are the
00:20:35reporting uh? criteria, the processes and the
00:20:39procedures that are in place. once you report
00:20:43such um occurrences, then the next step
00:20:47of action is that the direct. of
00:20:50occupational safety and health would look at the
00:20:54the the form of accident, they would make
00:20:58you feel the form which is requirement and they would they would
00:21:02access uh the extent the
00:21:05accident and be able to work on
00:21:08compensation, so here in Kenya we do
00:21:12not have different insurance, we have the work
00:21:16injury benefit act that is normally used, we have
00:21:20Osh act that is also used to make sure that
00:21:24there is compensation whenever there are those
00:21:27accidents, but Sharon, let tell you
00:21:29that, as ITU see
00:21:32Africa, our interest is to make
00:21:36sure that there is whole protection, that the
00:21:40workers do not get accident so that they are either
00:21:44compensated or something of that nature. For
00:21:47us, it is protection, not even. prevention,
00:21:51protection, it is prevention also to make sure that
00:21:55no worker is getting injured at the workplace
00:21:58and to make sure that they can
00:22:02work, walk into their workplace safely
00:22:06and go back home safely without any
00:22:09injuries. sounds very interesting, what would be your aspirations
00:22:13in the next few years towards ensuring
00:22:17safe workplace, decent work? and
00:22:21also a workspace um free from sexual
00:22:24harassment uh now that or is a
00:22:28fundamental right, i do
00:22:31believe that um
00:22:35if the unions
00:22:38work together with the
00:22:41ministry and together
00:22:44with the employers when the tripartite could come
00:22:48together to develop um rules and
00:22:52regulations that
00:22:54guard um or that
00:22:58would prevent workplace injuries
00:23:02then that is going to work well for us. another
00:23:06thing is to say that we have ilo convention number
00:23:10190 on ending
00:23:14violence and harassment against men and women in the
00:23:17world of work and there. Therefore, it is very
00:23:21important that our countries ratify
00:23:25this convention, so that when the convention
00:23:29is ratified, we can have
00:23:32workplaces that will not tolerate any form of
00:23:35violence at workplace. Um, I also
00:23:39believe that as workers and as social
00:23:43partners, we can sit together and
00:23:46agree on elimination of violence and harassment. at
00:23:50workplaces, following what is already
00:23:54stipulated in convention 190, i believe
00:23:58that there are countries that have not ratified this convention,
00:24:01but the convention is in force because many countries have
00:24:05ratified and therefore it is binding to all other
00:24:09countries, so i want to believe that the workers, the
00:24:12employers and the government are a position
00:24:16to work together to make sure that they eliminate violence. and
00:24:20harassment at workplace. Thank you
00:24:24very much for your time. I'm sure would have subsequent conversations
00:24:28as regards ash and other issues that affect us in the
00:24:31workplace. Thank you, thank you Sharon
00:24:35for also taking your time to talk to me about this. And that's all we can
00:24:39take today's edition the program. Join us next week for a fresh edition the
00:24:43show. I am Sharony Jason. Thanks for watching and remember
00:24:47that labor creates wealth.
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00:26:27class!
00:26:52All right everyone open your years make we talk
00:26:55time to rearrange this to given a small
00:26:59wisdom shout my tea.
00:27:32with your smile callgate for 24 hours maximum
00:27:36cavity
00:27:36protection,
00:27:44four years ago you made your choice, now
00:27:48or show votes again. Saturday, August 15,
00:27:522026, more than 2.3 million
00:27:56voters, 30 local government areas,
00:27:593,763 polin.
00:28:16This is more than a governorship election, it's the final test for the
00:28:19election umpire iinec before 2027 general
00:28:23election. From Friday, August 14,
00:28:26TVs news will open a show vote studio from 6
00:28:30pm and on election day. Saturday, August
00:28:3315, studio opens at 7 a.m. Hello
00:28:37and welcome to Ash. We will have you glue to your
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00:28:45reporters. As the Ashoon state governorship election draws closer, over
00:28:492.3 million voters across 30 local government
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