Democratic Socialist Movement

For Struggle, Solidarity and Socialism in Nigeria

By - DSM

54% YOUTH UNEMPLOYMENT: Labour Must Organise Youths for a Fight Back

54% YOUTH UNEMPLOYMENT: Labour Must Organise Youths for a Fight Back By Ayo Ademiluyi Nigeria’s very young population is facing a grim future unless there is a rapid, radical change. Young people are the future, it is estimated that about 60% of Nigeria’s over 187 million inhabitants are under 25 year old. The danger is that if Labour does not

By - DSM

ZOMBIE BANKING SECTOR IN CRISIS: For Nationalisation of Banking Sector under Democratic Control

ZOMBIE BANKING SECTOR IN CRISIS: For Nationalisation of Banking Sector under Democratic Control By Damilare Etti The banking sector, like the rest of the Nigerian economy is experiencing contraction. The CBN is bailing out the banks again with the meager public resources, albeit indirectly: By keeping the key monetary ratios in double digits, creation of FX ecosystem that act as

By - DSM

UNPAID SALARIES AND NEW MINIMUM WAGE: For a 24-Hour Warning General Strike and Nationwide Protest N

UNPAID SALARIES AND NEW MINIMUM WAGE: For a 24-Hour Warning General Strike and Nationwide Protest Now By Emmanuel Adikwu Over the years, workers in all states of the federation have suffered from, and endured all sort of neo-liberal attacks, regardless of whether the state government is led by APC, PDP, APGA etc. Some of the exceedingly greedy governors have held

By - DSM

ECONOMIC RECESSION: Working People Must Defend Living Standards

ECONOMIC RECESSION: Working People Must Defend Living Standards By Chinedu Bosah, National Secretary, SPN The Socialist Party of Nigeria (SPN) sees the Second Quarter 2016 report of National Bureau of Statistics (NBS) which officially confirms the sliding of Nigerian economy into recession as a bitter confirmation of the failure of capitalism and the incapacity of Nigerian ruling elites to move

By - DSM

DEMYSTIFYING NIGERIA’S ECONOMIC CRISIS: A Socialist Solution

DEMYSTIFYING NIGERIA’S ECONOMIC CRISIS: A Socialist Solution By Kola Ibrahim That Nigeria is in economic recession is no more news. All indices of economic measurement are in the negatives. GDP growth has worsened from -0.3% in the first quarter of 2016 to -2.06 percent in the second quarter, while unemployment has risen by 4.6 million since Buhari assumed power. Inflation

By - DSM

ECONOMIC RECESSION SHOWS THAT CAPITALISM IS NOT WORKING

Socialist Democracy (SD) November – December 2016 Edition ECONOMIC RECESSION SHOWS THAT CAPITALISM IS NOT WORKING Time for System Change By H.T. Soweto Within the space of a little more than a year, Nigeria’s story has turned full circle from an economy lauded as the largest on the continent with potentials to grow further to one enmeshed in its worst

By - DSM

Struggle for Registration:

Struggle for Registration: SPN Holds Protest to Demand Issuance of Certificate of Registration SPN members at INEC office Lagos – photo DSM   (Click to enlarge) By Peluola Adewale Sahara TV report of protest Members of the Socialist Party of Nigeria (SPN) held a protest march on Monday, October 24, 2016 to the Lagos office of the Independent National Electoral Commission

By - DSM

Ethiopia: A year of growing revolt

Ethiopia: A year of growing revolt Desperate regime responds with massive repression Per-Ĺke Westerlund, Rattvisepartiet Socialisterna (CWI in Sweden) More than 500 have been killed by Ethiopian state forces and thousands jailed. But this massive repression has not, however, stopped the growing mass revolt in Ethiopia. In early October, the regime declared a state of emergency and closed down the

By - DSM

ANC in Crisis

ANC in Crisis 3 August local elections – a decisive turning point Socialist mass workers party needed Weizmann Hamilton Workers & Socialist Party (WASP) Executive Committee The 3 August municipal elections and the student protests have confirmed our perspective following the Marikana massacre: “The battle lines [have been] drawn for colossal struggles to come … the political reverberations will continue

By - DSM

WORKERS HOLD PROCESSION IN LAGOS TO MARK DECENT WORK DAY

WORKERS HOLD PROCESSION IN LAGOS TO MARK DECENT WORK DAY TRADE UNION LEADERS HAVE TO DO MORE TO DEFEND WORKERS AGAINST PRECARIOUS WORK Workers on the Decent Work Day march in Lagos – photo DSM   (Click to enlarge) By Chinedu Bosah Publicity Secretary, CDWR Workers from different trade unions and members of pro-labour organisations marched in Lagos against precarious work

By - DSM

STRUGGLE FOR EDUCATION, JOBS AND SOCIALISM

STRUGGLE FOR EDUCATION, JOBS AND SOCIALISM Report of the DSM Students’ wing meeting and socialist school A cross section of DSM comrades at the meeting – photo DSM   (Click to enlarge) The first weekend of October saw a well attending meeting of the Democratic Socialist Movement (DSM) students’ wing take place at the University of Ibadan (UI). The meeting saw

By - DSM

LAUTECH CRISIS: WE CONDEMN ATTACK ON OSUN INDIGENES

LAUTECH CRISIS: WE CONDEMN ATTACK ON OSUN INDIGENES For Immediate Payment of Workers’ Salaries and Re-opening of the University Campaign for Democratic and Workers’ Rights (CDWR) condemns in its entirety the attack on Osun State indigenes working at Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, Oyo State; a University jointly owned by the governments of Oyo and Osun States. The

By - DSM

OYO STATE: WHAT NEXT AFTER SEVEN WEEEK STRIKE?

OYO STATE: WHAT NEXT AFTER SEVEN WEEEK STRIKE? SPN AND CDWR HOLD PUBLIC SYMPOSIUM TO REVIEW STRUGGLES AGAINST NON-PAYMENT OF SALARIES, PENSIONS AND OTHER ATTACKS ON WORKING PEOPLE IN THE STATE Oyo State Chairman of NLC agrees to the proposal for 24 hours National strike and mass action for the payment of salary arrears and new minimum wage A cross

By - DSM

SPN CONDEMNS DEMOLITION OF HOUSES, MARKETS AND WORKPLACES IN IKOYI, LAGOS ISLAND, VICTORIA ISLAND AN

SPN CONDEMNS DEMOLITION OF HOUSES, MARKETS AND WORKPLACES IN IKOYI, LAGOS ISLAND, VICTORIA ISLAND AND OBALENDE The Socialist Party of Nigeria (SPN), Lagos state chapter, strongly condemns the demolition of houses, offices, markets and workshops in Ikoyi, Victoria Island and Obalende, mostly belonging to struggling poor and middle class people, by the Akinwumi Ambode-led All Progressives’ Congress (APC) State Government

By - DSM

Sale of national assets will further compound the economic woes

Sale of national assets will further compound economic woes Labour movement must resist it For massive investment and democratic management of public assets and corporations It is not surprising that the Buhari/APC government has announced it will intensify the privatization of public assets and corporations. On several occasions, the Socialist Party of Nigeria (SPN) has made it quite clear that

By - DSM

THREE DECADES OF NEOLIBERALISM IN NIGERIA

THREE DECADES OF NEOLIBERALISM IN NIGERIA ASUU HOLDS SYMPOSIUM IN LAGOS Ayo Ademiluyi The Academic Staff Union of Universities (ASUU) organized a symposium on “Three Decades of Neoliberalism in Nigeria” at the Main Auditorium of the University of Lagos, Akoka, on Tuesday September 6, 2016. The theme of the symposium was against the background of the imposition of the neo-liberal

By - DSM

Economic Recession: Failure of Capitalism

Economic Recession: Failure of Capitalism Working People Must Defend Living Standards The Socialist Party of Nigeria (SPN) sees the Second Quarter 2016 report of National Bureau of Statistics (NBS) which officially confirms the sliding of Nigerian economy into recession as a bitter confirmation of the failure of capitalism and the incapacity of Nigerian ruling elites to move the nation forward.

By - DSM

Unpaid Salaries and New Minimum Wage: Labour Must Declare a 24 Hour Warning General Strike Now!

The Socialist Party of Nigeria (SPN) welcomes the expression of interest by the national leadership of Nigeria Labour Congress (NLC) to begin agitation immediately over the demand for N56,000 new minimum wage as contained in the speech of the NLC President Ayuba Wabba at this year’s Rain School organized by the Congress. We however call on them to match their

By - DSM

LABOUR MUST ORAGANISE UNEMPLOYED YOUTHS, BUILD MASS RESISTANCE AND DEFEND YOUNG WORKERS

LABOUR MUST ORAGANISE UNEMPLOYED YOUTHS, BUILD MASS RESISTANCE AND DEFEND YOUNG WORKERS Time to fight casualization, poverty wages, mass unemployment and underfunded education We of the Campaign for Democratic and Workers’ Rights (CDWR) welcome the decision of the Nigeria Labour Congress (NLC) to adopt a Youth Policy and convene a National Youth Conference on this year’s commemoration of the International

By - DSM

NEXT PHASE OF STRUGGLE OPENS AS DSM/CDWR HOLDS SYMPOSIUM ON ELECTRICITY CRISIS

NEXT PHASE OF STRUGGLE OPENS AS DSM/CDWR HOLDS SYMPOSIUM ON ELECTRICITY CRISIS View of the Symposium – photo DSM   (Click to enlarge) Wole Olubanji, DSM member The National Secretariat of the Democratic Socialist Movement at Agbotikuyo, Agege, Lagos, on Saturday 20th August, was a hub of intense and inspiring discussion as community members, socialists and civil society activists participated in