CNP Warns Against Organised Labour's Minimum Wage (N250,000) Demands, Citing Economic Risks.
The Concerned Nigerian Patriots (CNP) have raised concerns over organised labour's recent demand for a N250,000 minimum salary, warning it could plunge Nigeria into another recession. CNP argues that such demands, if implemented, would exacerbate the financial challenges the government is striving to resolve.
At a press conference in Abuja, CNP chairman Alfa Mohammed criticized the labour unions for pushing for wage increases that are economically unfeasible. He warned that these demands could lead to instability, severe inflation, increased unemployment, decreased productivity, and greater economic hardship, particularly affecting the most vulnerable citizens.
Mohammed highlighted that labour unions initially demanded a minimum wage of N605,000, then N494,000, and now N250,000. He sees this as part of a broader strategy to force the government into unsustainable economic policies, potentially leading to economic chaos and threatening Nigeria's hard-earned democracy.
CNP calls on Nigerians to reject unrealistic wage demands, oppose disruptive strikes, and support dialogue over confrontation. They urge support for sustainable wages determined by the government and private sector employers.
To address the economic situation, CNP recommends the government introduce policies to reduce inflation in critical sectors like food, transportation, and energy. They also suggest providing credit schemes for PMS-CNG conversion, funding mechanised farming projects, using locally manufactured vehicles for government officials, and adopting a budget that reflects current economic realities.
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