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Author COVID-19 Job loss: Senate may summon finance minister  (Read 167 times)

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Offline Isaac Adeniran

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COVID-19 Job loss: Senate may summon finance minister


The Senate has said that it is already planning a comprehensive legislative intervention that will ensure that workers in the private sector do not suffer job losses as a result of the outbreak of COVID-19 in the country.

The upper chamber, however, promised to unfold its agenda after a robust engagement with the Minister of Finance, Zainab Ahmed, to know the specific plans by government to prevent private firms from collapsing.

It appreciated the moves by the Central Bank of Nigeria and the Bankers Committee to save the jobs of workers in the banking industry.

The Chairman, Senate Committee on Finance, Senator Solomon Adeola, gave the explanation in an interview with SundayPUNCH.

He said, “We are planning to invite the Minister of Finance to find out additional measures already put in place to ensure that workers in Nigeria are not laid off. This will guide our line of thought on how we could come up with legislative interventions that can protect the jobs of Nigerians.

“As we all know, the executive arm of government is already trying its best, within the confines of the law. What we, as a legislature, can do is to still liaise with the executive because if we make any pronouncement now, we don’t know what the government has done or being done to assist the private firms.

“Before we make a pronouncement from the legislative point of view, we need to know the current state of things with the companies who are planning to lay off staff. We need to know what they are doing with the executive arm of government which has its full responsibility of liaising with them.

“As a Senate, we have to assess the economic situation in the real terms before we make any pronouncement because we need to be guided.

“We are happy that already, the executive is taking the bull by the horns. The Central Bank and the Bankers Committee made a pronouncement that there should be no lay-offs.




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