Union urges FG to invest looted funds

The Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC) has urged the Federal Government to re-invest funds recovered from looters into the economy in the  face of economy hardship being experienced by  Nigerians. This advice was contained in a communiqué issued and signed by the President General and General Secretary of the […]

The Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC) has urged the Federal Government to re-invest funds recovered from looters into the economy in the  face of economy hardship being experienced by  Nigerians.

This advice was contained in a communiqué issued and signed by the President General and General Secretary of the association, Muhammad Yunusa and Ayo Olorunfemi respectively, at the end of  its NEC meeting in Kaduna recently.

The union stressed that the nation’s economy must be re-positioned with a view to reducing the present hardship and poverty being experienced by Nigerians. It also called on President Muhammadu Buhari to evolve a pragmatic approach to solving Nigeria’s socio-economic and political challenges by engaging all stakeholders on issues of national interest.

The union appreciated  the Federal Government  for setting up the national minimum wage committee and urged it  to  expedite action to ameliorate the suffering of Nigerian workers. 

SSASCGOC further commended the effort of the Industrial Training Fund (ITF)  for equipping youths with skills in different trades.  

It also frowned at the delay in payment of terminal benefits to retirees under the new pension scheme. 

SSASCGOC decried the situation where government employees are underpaid, while elected and appointed government officials are overpaid.