Economic Reforms: Aremu Harps On Capacity Building For Stakeholders

The director general of Micheal Imoudu National Institute for Labour Studies (MINILS), Ilorin, Kwara State, Comrade Issa Aremu yesterday stressed the importance of enhanced capacity building for the stakeholders on the implementation and management of the economic reforms of the administration of President Bola Tinubu.

He said such capacity building becomes necessary for the nation to overcome the current economic crisis.

Aremu spoke during the opening of the 32nd education conference of the National Union of Chemical Employees ( NUFLAMPE) in Ilorin.

The director general who spoke on the theme: “Capacity Building for Effective Industrial Relations in An Era of Economic Crisis,” said with spiral inflation, Naira value fall, rising unemployment and recent mass protests, Nigeria currently faces economic crisis.

He, however, observed that a sustained improvement of knowledge by all stakeholders on the implementation and management of the reforms is urgently needed to maximize the benefits of reforms.

Aremu, who observed that while reforms initiated by President Tinubu were inevitable to “free the much-needed resources” for economic recovery and poverty eradication, added that sustainable reforms must be gradual and participatory for citizens’ ownership and support.

He advocated what he called “mass literacy” about imperatives of reforms as well as responses to reforms through capacity building on the imperatives of social dialogue for policy reform. According to him the “three sustainable solutions” to the current economic crisis in Nigeria are ” education, education and education”.

He disclosed that in line with the ministerial mandate of MINILS , arrangement was in top gear to organise the 2024 National Labour Summit on “The Future of Work and Renewed Hope Agenda: Issues and Perspectives”.

Aremu commended members and leadership of NUFLAMPE for their investment in workers’ education over the past decades.

Earlier, the national president of NUFLAMPE, Comrade Babatunde Olatunji , had noted that investment in workers education has paid off in terms of industrial peace, industrial justice and harmony in the chemical leather and footwear sector of the economy.