The Nigeria Union of Local Government Employees, NULGE, has called for a 300 percent increment in the minimum wage for workers across all sectors due to the inflation caused by the removal of fuel subsidy.


NULGE National President, Mr Ambali Olatunji, said this in a communique jointly signed by Mr Isah Gambo, General Secretary of the union, at the end of its regular National Executive Council, NEC, meeting on Thursday in Abuja.

Olatunji said that the 300 per cent rise was imperative considering the inflation necessitated by the removal of fuel subsidy.


According to him, it is the position of NULGE that there should be a 300 per cent rise in the minimum wage for all Local Government workers and other public servants, including private sector workers.

Olatunji also said that the government, as a matter of urgency, should create a special intervention fund to take care of aforementioned social welfare and infrastructural decay through the Ministry of Special Duty.


The NUGLE boss said that the proposed fund should be able to cater for projects and programmes in conjunction with local government.

He further called on the federal government to establish a special agency to collaborate with the local government administration in administering the fund for the development and the transformation of the rural areas.


He, however, acknowledged the effort of federal and state governments to cushion the effect of the economic policies on citizens.

Olatunji also urged the government to utilise the 800 million dollars from World Bank to provide mass transit and other interventions especially in the auto-mobile spare parts companies, to cater for the transport needs of the masses.

He also advised the government to give tax rebates/holidays for low income earners and small scale entrepreneurs, as a way of encouraging and sustaining their businesses.

He added that, “It is the conviction of the union that autonomy for local governments remains the best way to return the country to the part of development and growth.


“This will translate to the direct funding of local governments without which no genuine national development can be achieved.”

https://dailypost.ng/2023/07/21/subsidy-removal-nulge-demands-300-per-cent-minimum-wage-increment/

I wonder why no one is asking for this. Stashing the excess cash government makes in extenarl reserves implies complete lack of ideas.

Government with that same.money can invest heavily through NNPC oil importation, so NNPC provides subsidized sales of the product to keep the prices offered by private establishment under firm control.


Government can also invest heavily in stocking it's dollar reserves providing large volumes of dollar steadily on a consistent basis to keep the current stable against the dollar whole value can be affected by excess demands


Investing in massive agricultural revolution hubs across the entire country.


Investing in chains of modular refineries across the length and breadth of the country

The purchase of up to 12,000 luxury electric,gas,petrol hybrid engine commercial vehicles to be distributed across the nation to cushion against irregular pricing costs for the citizens


More inbound rail transport system


Now there's money, there isn't quality ideas