Friday 20 November 2015

We can no longer pay N18,000 minimum wage – Governors

FROM LEFT. ZAMFARA STATE GOVERNOR, ABUBAKAR YARI; GOV. ABDULFATAI AHMED OF KWARA STATE AND GOV. IFEANYI OKOWA OF DELTA, AT THE NATIONAL ECONOMIC COUNCIL MEETING IN ABUJA ON THURSDAY(
The 36 state governors have said that they can no longer pay the N18,000 minimum wage that was signed into law in March 2011 by former President Goodluck Jonathan, owing to the poor state of the economy.
Organised labour in its immediate reaction, however, kicked against the governors’ stance, saying workers are ready to shut down the country, if the governors push them into it.
Rising from a crucial meeting that ended at the early hours of yesterday, at the Old Banquet Hall of the Presidential Villa, Abuja under the umbrella of Nigerian Governors Forum, NGF, the governors said that dwindling prices of oil had drastically affected their states’ income.
Specifically, they said that the burden of the wage was lighter when oil sold at $126 as against the current $41 per barrel.
They, therefore, sought audience with President Muhammadu Buhari on the economy, resolving that the only way out of the quagmire was to diversify the economy towards agriculture and mining.
Reading the communique issued at the end of the meeting, Chairman of the Forum and Governor of Zamfara State, Abdulaziz Yari hinted that the Forum also backed the Nigerian Communications Commission (NCC) over the N1.4 trillion sanction  on MTN. According to him, the governors agreed that the fine must be paid in full.

-Vanguard

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