Not yet a sigh of relief - News Summed Up

Not yet a sigh of relief


At first, Labour themselves shot sky-high pressing for N615, 000 per month as minimum wage for a worker. This is because a minimum wage is the least any employer of labour is expected to pay his worker. The existing N30, 000 minimum wage was inherited from President Buhari who in turn inherited N18,000 as minimum wage from President Jonathan whose Administration sanctioned it in 2011. There are fears of inflation rippling through the land afresh should there be a raise in minimum wage arising from so much noise-making. In the end the new minimum wage becomes a vicious circle—going round and round but getting to nowhere in particular!


Source: The Guardian June 06, 2024 11:42 UTC



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