Wednesday, September 26, 2018

Increased Minimum Wage Is Not The Solution To Nigeria's Problems

I think NLC is making a wrong choice by asking for increase in workers minimum wage.

The truth is that: with the increase in minimum wage, every other sector of the economy would adjust to balance the increment.

The fuel price will increase
The cost of transportation will increase
The price of food stuff... Inflation...
Virtually everything.

So what will NLC achieve by this demand. They will only take the country one step forward, and two steps backward.

Instead of asking for the increment, they should have sought to stabilize the economy so that with the little money a worker receives, he will be able to achieve more with it.

They should seek to put an end to corruption in government. Reduce the money being squandered at the national assembly, make the governors more accountable. Stabilize the price of petrol by making sure our refineries are working. And many more.

The proposed strike will do the country no good, even if it achieves its demands.

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