ABSTRACT
This paper reviews the foundations of new labours economic policies and the performance of the economy since 1997. it gives that new labours policies have evolved from Thatcherism and that has largely embraced the tenants of neo-liberalism. New labour has rejected most aspects of key nesianism and its policies have eschewed the use of active demand management policies but it has been the high levels of demand in particular consumption expenditure that have driven economic growth in the Nigeria and which have ensured that (as yet) New labour has not faced the problems of dealing with a major economic downturn.
TABLE OF CONTENTS
TITLE PAGE
CERTIFICATION PAGE
DEDICATION
ACKNOWLEDGEMENT
ABSTRACT
TABLE OF CONTENTS
CHAPTER ONE
CHAPTER TWO
CHAPTER THREE
CHAPTER FOUR
CHAPTER FIVE
CHAPTER ONE
1.0 INTRODUCTION
Social and economic well-being of the people is one of the principle objectives of the present people’s government. Labour policy, like policies in other fields, should also aim in attaining the objectives in a manner best suited to the resources of the country and present state of economy. There is an urgent need to revitalize the economy, required sustained efforts, to increase the level of maximization on the employment.
There is an equally genuine requirement to create among workers and employers, a bitter awareness of the objectives to the national objectives state above at the same time, the government recognizes that workers and employers must enjoy reasonable benefits as can be sustained by the economy without suffering set-backs.
The Nigeria labour congress (NLC) continues to be confronted with a complete multiplicity of challenges in the fulfillment of its mandate as a works and popular public service. These challenged are defined increasingly by the constellation of economic, technological and political changes, which have radically re-configures the word under the growing hegemony of capital.
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