Bail Out Funds: NLC Threatens Banks Over Unpaid Salaries

Nigeria Labour Congress (NLC) on Thursday, August 8, 2015, promised the union would follow up on banks withholding the bailout funds being provided by the federal government for payment of workers’ salary.

At the National Executive Council (NEC) meeting of the NLC in Abuja, the president, Ayuba Wabba, pleaded with banks holding back the bailout funds for the payment of workers’ salaries in states to consider the plight of workers in the affected states.

Wabba assured that the union will take frantic effort to ensure workers did not suffer for the inability of state government to pay its debt.

He said that the NLC would look into the issue of unpaid salaries in some states and take appropriate action: “NLC will not fold its hands and see that workers are not paid. Salary is not the only area where bail out has been extended. In the past, the federal government had bailed out banks,” he said.

He condemned the financial recklessness of some state governments, which according to him had led to a lot of states not being able to pay salaries.

Wabba, however, commended the National Council of State for the bailout, adding that in spite of the gesture by the federal government, workers are yet to enjoy the benefit.

Wabba urged the states to ensure that they got their priority right rather than engage in act that would shut the workers out of jobs.
”The issue of salary payment is very important and must not be toyed with by state or any private organisation” he warned.

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