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Minimum Wage: Federal Government Can’t Pay What It Doesn’t Have – Fayemi - Politics - Nairaland

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Minimum Wage: Federal Government Can’t Pay What It Doesn’t Have – Fayemi by nairavsdollars(f): 9:08pm On Oct 18, 2019
Kayode Fayemi, Chairman of the Nigeria Governors Forum has said that Nigerian workers’ demand for a significant adjustment of salary at all levels was unfeasible as the increase is a minimum wage increment and not a general wage review.

Speaking with newsmen, he explained that there was no way the government could approve such huge pay rise for workers on levels 10 and above as the country’s economy is dwindling.

The NGF Chairman added that the burden would be on the government if the demands made by organised labour is accepted and approved.
“The fact that we moved people, who were below N30,000 to N30,000 and wherever they should be on the scale, should not automatically mean that we must increase the salaries of people on Level 17, who are on N400,000. It is a minimum wage law; it is not a general wage law.

“Yes, if you promote levels 05 or 06, they may go over what the current level 07 is earning. So, that calls for a consequential adjustment, but that adjustment should not go over levels 08 and 09. The Federal Government has even agreed to do nine per cent for levels 07 to 12 and five per cent for levels 13 and above, but they said no and insisted on 45 per cent.

“Where is Nigeria going to find the money? I mean the economy is in the doldrums. Whether we openly admit or not, everyone knows. If you have an economy that earmarks N2.4tn for debt servicing; then what are we talking about? So, I hope good sense will prevail and that people will be able to convince labour that it is a futile effort if they do so because Nigeria cannot pay what it doesn’t have.”
https://www.independent.ng/minimum-wage-fg-cant-pay-what-it-doesnt-have-fayemi/

Re: Minimum Wage: Federal Government Can’t Pay What It Doesn’t Have – Fayemi by channelads: 9:25pm On Oct 18, 2019
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Re: Minimum Wage: Federal Government Can’t Pay What It Doesn’t Have – Fayemi by Racoon(m): 9:31pm On Oct 18, 2019
However, Nigerian government & governors can appropriate bugous salaries allowances, estacodes, security votes etc to themselves.

So why promise what you can't pay? This is deception.Upward review of minimum wage every 5yearly is a constitutional matter.So govt is not doing labour a favour.

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