• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Again, Unionists, Captains Of Industry Express Concern Over Looming Job Loss

by Andrew Ojiezel
1 year ago
in News
job loss
Share on WhatsAppShare on FacebookShare on XTelegram

Concerned by looming mass unemployment as a result of the exit of multinationals over harsh business environment in Nigeria, stakeholders have charged President Bola Ahmed Tinubu-led administration to establish conducive business environment for job creation.

Advertisement

Even as Food, Beverage and Tobacco Senior Staff (FOBTOB) has called on government to fulfil its constitutional role of job creation and industrialisation. In addition they call for reduction of the over 60 multiple taxation operating the real sector. Their fear against the looming threat to means of livelihoods is as a result of companies leaving Nigeria regularly.

Speaking in the 15th Delegates Conference of FOBTOB, which took place at the weekend, workers and employers of labour who converged under the umbrella of the senior staff category, FOBTOB, in unanimous agreement reminded federal government that the threat of job loss could push more people into poverty and trigger of vices across the country.

They noted that the mass exit of firms coupled with job loss is sending not only wrong signals against new investors, but also to existing investors in the country.
On his part, the President of FOBTOB, Comrade Jimoh Oyibo, who won the second term in office with 220 votes against his opponent, with nine votes, in a chat with me, said he wondered how government thinks

it could grow the economy with taxation. He stressed that “since tax will only push people into poverty than growing the economy, government should fast track its industrialisation to boost employment.”
Speaking on Rescuing Food, Beverage and Tobacco Industry from the Danger of Collapse: Roles and Expectations of Stakeholders, the participants in the conference expressed surprise over refusal by government to reverse the hike in electricity tariff.

RELATED

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

4 hours ago
Fire Destroys 10 Shops In Adamawa

Residents Protest ‘Killing’ Of 20 Villagers In Katsina

5 hours ago

“For a country greatly acknowledged as giant of Africa and blessed with numerous natural resources, notably crude oil, to have degenerated into the level that it now has the awful distinction of being the world capital of poverty with 71 million people living in extreme poverty today, and a total of 133 million people classed as multidimensionally poor according to National Bureau of Statistics data, is a disgrace.”

The stakeholders also reemphasised their call on government, noting that exit of multinational companies from the country is not only sending wrong signals to existing investors but scaring away new investors and creating jobs for other countries at the expense of Nigerians.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Jobs
SendShareTweetShare
Previous Post

First They Came For Chioma

Next Post

Seven Tips On How To Have A Stress Free Day

Andrew Ojiezel

Andrew Ojiezel

You May Like

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates
News

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

2025/07/28
Fire Destroys 10 Shops In Adamawa
News

Residents Protest ‘Killing’ Of 20 Villagers In Katsina

2025/07/28
2027: Ex-Govs Fayose, Adebayo, Oni, Others Endorse Tinubu, Oyebanji For Second Term
News

2027: Ex-Govs Fayose, Adebayo, Oni, Others Endorse Tinubu, Oyebanji For Second Term

2025/07/28
Patients Stranded As Lagos Doctors Begin 3-Day Warning Strike Over Salary Deductions
News

Patients Stranded As Lagos Doctors Begin 3-Day Warning Strike Over Salary Deductions

2025/07/28
Japa: Medical Schools’ Bid To Double Students’ Intake Under Threat
Health

Nurses, Midwives To Begin 7-Day Warning Strike Tuesday

2025/07/28
Insecurity Threatens FCT Doctors’ Response To Emergencies —NMA
Health

NMA Gives Federal Gov’t 21-Day Ultimatum Over Unmet Demands

2025/07/28
Leadership Conference advertisement

LATEST

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

Residents Protest ‘Killing’ Of 20 Villagers In Katsina

2027: Ex-Govs Fayose, Adebayo, Oni, Others Endorse Tinubu, Oyebanji For Second Term

Patients Stranded As Lagos Doctors Begin 3-Day Warning Strike Over Salary Deductions

Nurses, Midwives To Begin 7-Day Warning Strike Tuesday

NMA Gives Federal Gov’t 21-Day Ultimatum Over Unmet Demands

Makinde Allocates 1,000 Hectares Of Land To Curb Illegal Migration

By-election: Abas Urges Residents To Vote APC In Ibadan North

Residents Reject Oyo Govt’s Plan To Extend Rashidi Ladoja Circular Road

Nigeria Loses ₦17.9trn Yearly To Hepatitis — Minister

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.