The Federal Government has revealed its intention to sanction trade unions that fail to submit details of their yearly audited accounts to the Ministry of Labour and Employment, overseed by Dr. Chris Ngige.
Naija News reports that the Minister of Labour, Employment and Productivity, Chris Ngige made this known in a speech at the fourth Quadrennial National Delegates Conference of the Hotel and Personal Services Senior Staff Association (HAPSSSA).
In his speech, the minister said that some unions had not submitted the reports in the past 10 years. 
“The situation is disheartening; no fewer than 50 per cent of registered trade unions have failed to submit their audited accounts in the past 10 years,” Ngige said.
According to the minister, such conduct negates the Trade Union Act that stipulated a stringent annual submission of audited accounts for unions.
“Most union members’ dues are normally deducted at source as check-off dues; the law stipulates the practice to institute transparency in unions.
“The inability of the leadership of some unions to hold their conventions promptly is a major cause of internal crisis in the unions,” Ngige who was represented by the Registrar of Trade Unions in the ministry, Mr Amos Falonipe, said.
Similarly, the President, Trade Union Congress, Quadri Olaleye in his address, drew attention to the tax situation in the country, stressing the need for government to widen the tax net to reduce the burden on the poor.
“We are all aware of the overwhelming challenges before us as a country, Even as a mono-economy, we are owing trillions of naira. Efforts are being made to generate revenue through taxation, but the pangs are becoming unbearable to the masses.
“Instead of widening the tax net, the impoverished masses are being made to pay more. More money would have been generated if we had more people working.
“Sadly, most people are not working because there are no investments. And why are there no investments? The environment is unfriendly security wise,” he claimed.
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