The National Association of Scrap and Waste Dealers Employers of Nigeria (NASWDEN) has announced a nationwide industrial action starting October 1. The strike, set to last until October 15, may continue indefinitely if no agreement is reached with steel producers. This action could significantly impact the construction and manufacturing sectors, as scrap metals are a crucial raw material for producing iron rods and other steel products.
According to NASWDEN President, Alhaji Abdulfatah Adisa Ogunwale, the decision to strike was made in response to persistent irregularities in the scrap-metal trade. The association's members have faced unfair practices that threaten their livelihoods. Ogunwale emphasized that the strike aims to secure a fair resolution and urged members to remain peaceful and law-abiding throughout the protest.
The Deputy National President of NASWDEN, Alhaji Aminu Hassan Soja, outlined the grievances that prompted the strike while speaking in Kano. He accused steel companies of slashing scrap prices without prior notice, resulting in significant losses for dealers. Soja also condemned deductions imposed under the guise of "extra dust," which range from one to five percent of transactions.
NASWDEN raised alarm over the growing involvement of foreigners in the scrap-metal business, warning that their dominance threatens indigenous dealers. The association also alleged that some companies purchase scrap from unregistered agents, which could encourage the circulation of vandalized property in the market.
The association appealed to government agencies to regulate the industry and ensure that only registered dealers supply scrap to steel companies. They stressed that the strike is not intended to cause chaos but to push for reforms that protect Nigerian dealers and strengthen the sector.
NASWDEN's grievances highlight the challenges faced by scrap dealers in Nigeria. The association's demands for fair trade practices and regulation of the industry are aimed at creating a more equitable business environment. The strike may have significant implications for the construction and manufacturing sectors, which rely heavily on scrap metals.
The strike is set to begin on October 1 and may continue indefinitely if no agreement is reached. The association's leadership has urged members to remain peaceful and law-abiding throughout the protest. The outcome of the strike will likely have far-reaching consequences for the scrap metal industry in Nigeria.
Key points
- Scrap dealers in Nigeria will embark on a nationwide strike from October 1 over unfair trade practices.
- The strike may have significant implications for the construction and manufacturing sectors.
- NASWDEN demands fair trade practices and regulation of the industry to protect Nigerian dealers.
