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Tinubu To Declare Open 10th National Industrial Summit In Ilorin

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The summit would deliberate on employment issues, as it objectives include promoting productive and secured decent work, social justice in work places, occupational health and safety and productivity for national development.     

–      Aremu

Emmanuel Kehinde, Ilorin

President Bola Tinubu will on Tuesday declare open the 10th national industrial labour relations summit in Ilorin, Kwara State.

The summit is being organised by the Michael Imoudu National Institute For Labour Studies (MINILS) , Ilorin as part of efforts to set agenda for industrial harmony in the country.

The minister of State for Labour and Employment, Dr. Nkeiruka Onyejeocha and chairman of the Nigeria Governors’ Forum, Governor AbdulRahman AbdulRazaq of Kwara state will serve as hosts at the gathering of stakeholders in the nation’s labour relations system.

The director general of MINILS, Comrade Issa Aremu, made these known during a news conference heralding the labour summit in Ilorin yesterday.

Aremu, whose text of address was read by Mrs Olaide Ajiboye said that the summit will chart way forward on how to achieve industrial harmony among stakeholders.

He added that industrial harmony is capable of engendering peace, increased productivity and boost economic development in the country.

Aremu said that the summit would deliberate on employment issues, adding that its objectives include promoting productive and secured decent work, social justice in work places, occupational health and safety and productivity for national development.

“Hundreds of participants drawn from organized labour, employers of labour women, youths, and people living with disabilities, students of labour relations and civil society from private and public sectors are expected at the historic summit hosted by the the MINILS’ director general and management of this institute”, he said.

Themed, “The Future of Work and Renewed Hope Agenda: Issues and Perspectives”, Aremu said that the summit will have minister of Planning, Atiku Bagudu as the lead presenter.

He added that discussants would also include the president of the Nigeria Labour Congress(NLC), Comrade Joseph Ajaero, president of the Trade Union Congress(TUC), Comrade Festus Osifo, director general of NECA, Mr. Adewale Smatt-Oyerinde, while the moderator is Prof. Dafe Otobo.

“The summit offers a timely platform for the President, governors, employers of labour and labour market institutions to constructively reflect on the government labour agenda with respect to job creation, decent work, workers’ motivation and productivity improvement for National Development.

“The high point of the 2024 Summit is the conferment of deserving dignitaries with fellowship of National Labour Institute (fnli) to notable labour market actors that have promoted decent work agenda as recommended by International Labour Organisation (ILO).

They include the Governors of Kaduna state, Uba Sanni, Abia State, Alex Otti, and their counterparts from Borno, Bauchi and Osun States, former Lagos State governor Babatunde Fashola (SAN), minister of the Federal Capital Territory (FCT) , Barr. Nyesom Wike, and a host of others.

Ends

   

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Time Nigeria is a modern and general interest Magazine with its Headquarters in Abuja. The Magazine has a remarkable difference in editorial philosophy and goals, it adheres strictly to the ethics of Journalism by using the finest ethos of the profession to promote peace among citizens; identifying and harnessing the nation’s vast resources; celebrating achievements of government agencies, individuals, groups and corporate organizations and above all, repositioning Nigeria for the needed growth and development. Time Nigeria gives emphasis to places and issues that have not been given adequate attention by others. The Magazine is national in outlook and is currently being read and patronized both in print and on our vibrant and active online platform (www.timenigeria.com).
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This is not a story about a reluctant investor. It is a story about capital that wants to move, cannot find enough places willing and able to receive it in a form it can underwrite, and quietly waits instead. Multiply that fund by the hundreds of pension schemes, sovereign wealth vehicles, commercial banks and infrastructure funds now carrying dedicated allocations for emerging-market infrastructure, and a pattern emerges that rarely makes it into a headline: the world is not short of capital for infrastructure. It has capital in historic abundance, sitting adjacent to a historic infrastructure gap, unable to cross the distance between the two. 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Where the Conversion Breaks  The break does not happen at the ends of the process. It happens in the middle, in the unglamorous sequence of work that turns a plausible concept into an instrument a fiduciary can sign. A promising transmission project needs a feasibility study rigorous enough to survive institutional scrutiny rather than optimistic enough to attract early interest. It needs offtake arrangements that hold up under real counterparty and currency risk, not the counterparty risk assumed in a base case. It needs environmental and social documentation calibrated to the standards of the institutions being asked to fund it, not the standards of the jurisdiction hosting it. It needs a legal and commercial structure that allocates risk in ways a commercial lender, not only a development financier, will accept. It needs a sponsor capable of executing what has been proposed, not merely capable of proposing it. 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