Increase Minimum Wage to Fight Recession- NLC Tells Buhari

By Ikenga Chronicles October 28, 2016

 The Nigerian Labour Congress (NLC) has gone hard on the Federal Government over the need to  increase the N18,000 minimum wage. 

The president of the NLC, Ayuba Wabba called on President Muhammadu Buhari not to abandon the union’s request as the the increase in the minimum wage was the logic used by the United States of America to address recession.

The NLC leader said Nigeria’s economy can only return to a desired state when citizens get hold of the purchasing power.

“The state of the country’s economy requires that we increase minimum wage. We need to empower the people to buy and sell,” Wabba said. “If the economy is at a standstill and people cannot buy, the economy will not grow. It is the workers money that keeps the economy growing. It is not the fund disbursed for big contracts that are kept in different accounts that keeps the country economy growing. That was the logic that helped the United State to revive their economy,” he said.

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