October 6, 2025
11 °C Lagos, UK

VP Shettima Urges Labour Unions to Foster Investor-Friendly Environment at Nigeria Economic Summit

Vice President Kashim Shettima has urged labour unions across the country to adopt a more investor-friendly approach to help drive economic growth and job creation.

He made the appeal while declaring open the 31st Nigerian Economic Summit (NES) on Monday in Abuja, emphasizing the need for collaboration between government, business leaders, and labour to strengthen Nigeria’s investment climate.

Shettima noted that the Tinubu administration is committed to implementing policies that will attract both local and foreign investors, stressing that sustained industrial peace is critical to achieving national development goals.

According to him, “our economic progress depends on an environment where businesses can thrive, workers are protected, and investors are assured of stability and partnership.”

The Vice President’s remarks come amid rising tensions between Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The union had reportedly ordered the closure of the refinery following the dismissal of over 800 workers allegedly for joining the labour union.

Analysts believe Shettima’s call was a subtle response to the ongoing dispute, which has drawn public attention to the delicate balance between labour rights and investor confidence.

Shettima reaffirmed the government’s resolve to promote inclusive growth through dialogue and reforms that safeguard both the rights of workers and the sustainability of businesses.

He added that fostering mutual trust between employers, employees, and the government remains essential for achieving the administration’s economic recovery agenda.

The Nigerian Economic Summit continues this week with discussions focused on investment, energy transition, and policies to boost productivity and private-sector participation in the country’s economy.

 

Previous Article

Nigerian Soldier Sentenced to Death for Killing Businessman Who Offered Him a Ride

You might be interested in …

Leave a Reply

Your email address will not be published. Required fields are marked *