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PRODUCTIVITY, PRICES & INCOMES DEPARTMENT


INTRODUCTION

The Productivity, Prices and Incomes Department being one of the operational departments of the Commission is mandated to carry out functions that will promote schemes for raising productivity in all sectors of the economy, monitoring the movement of all forms of non-wage incomes and prices  as well as their effects on worker’s wage and salaries. It is also saddled with the responsibility of interpreting the relationship that exists between productivity and workers salaries.

 

   
FUNCTIONS

Some of the functions of the Department as stipulated by the Commission’s Act include:

The main functions of the Department among others can be summarized as in the following:

  • advise the Federal Government on national incomes policy;
  • keep the Federal Government informed on a continuing basis of movement of all forms of income and propose guidelines relating to profits, dividends and all incomes other than wages;
  • establish and run a data bank or other information centre relating to data on wages  and prices or any other variable and for that purpose to collaborate with data collection agencies to design and develop an adequate information system;
  • keep prices under continuous surveillance, interpret price movements and relate  them to other development in the national economy;
  • encourage and promote schemes for raising productivity in all sectors of the  economy;
  • inform and educate the public on prices,wages and productivity,their relationship with one another and their inter-play in determining standards of living and real economic growth; and
  • examine and advise on any matter referred to the commission by the Federal and State Government concerning any of the function conferred on it by or pursuant to  this Act;

 

STRUCTURE


The Department has two Divisions namely
i) Prices and Incomes; and
ii) Productivity

KEY OFFICERS


The key officers of the Department are as follows:

1 Mr. Babatude Oresanya      - Deputy Director   (Click to read profile

ACTIVITIES


The Department is presently handling three major on-going programmes and activities. They are

  1. Price Survey
  2. Productivity  Measurement
  3. Incomes Survey of Informal Sector.

These programmes are carried out on annual basis and the reports for 2010 are stated below:

 

 

 

 
  
 
         

 

 
       
   
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