Minimum wage: APC leader warns FG against “arbitrary” increases

Osita Okechukwu, A member of THE All Progressives Congress (APC), has exhorted THE federal government has exercise caution In execution A "arbitrary" salary increment, express concerns about It is potential has exacerbate inflation.

In A statement on Sunday, M Okechukwu, A ancient Director General of THE Voice of Nigeria (VON), warned against repeat THE errors of THE Jerome Udoji Salary Commission of 1972, commonly known as THE “Udōji price," which inadvertently directed Nigeria In A dollarized economy.

"He East My considered see that A arbitrary salary increase would be undoubtedly to get worse THE Already increase inflationary challenges In OUR Dear country," REMARK M Okechukwu.

He Underlines that a few States to have Again has implement THE 30,000 naira minimum salary, emphasizing THE uncertainty surrounding their commitment has any of them further salary increments.

THE federal government recently defined ride a tripartite Committee has determine A new minimum salary. THE Committee East chaired by THE ancient Head of THE Civil Service of THE Federation, Goni Aji.

PRIME TIMES reported that THE Nigeria Work Congress (LNC) And Trade union Congress (YOU KNOW) recently issued A two weeks ultimatum has THE federal government has address THE food crisis Or confront mass protests.

In addition has work groups, miscellaneous States to have witnessed demonstrations on THE rising cost of live.

M Okechukwu exhorted THE CNL And YOU KNOW has reconsider their foreseen strike action And instead key In THE federal Governments A million accommodation diagram.

READ ALSO: Tinubu promises has implement new minimum salary

He asserted that THE accommodation initiative present A more viable alternative has arbitrary salary increments that could further exacerbate inflation.

"THE arrangement of target A million Owner occupied Houses with long term funding And soft mortgage rates structure it's clear East A Win-win card For all Nigerians. He will be President Tinubu first of all legacy," suggested M Okechukwu.

To propose A solution, he recommended that THE Federal Ministry of Accommodation And Urban Development, Federal Ministry of Work, Federal Mortgage Bank of Nigeria, CNL, YOU KNOW, Nigeria Employees Advisory Association, And other relevant agencies collaborate has establish long term finance And new soft mortgage rates For affordable Owner occupied Houses, drawing funds Since THE savings accumulated Since THE withdrawal of fuel subsidy.

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