Minimum Wage: Be considerate in your demands, party chieftain, Dan Okeke urges Organised Labour

From Kenneth Udeh, Abuja

Amid the ongoing negotiations between the federal government and the Organised Labour, prominent industrialist and chieftain of the All Progressives Congress in Abia State, Chief Daniel Okeke, has urged Organized Labour to exercise consideration and diplomacy in their wage demands, given Nigeria’s ongoing unemployment issues.

In a statement he issued on Monday from Abuja, he raised concerns their demand for N250,000 minimum wage could result in widespread retrenchment, as many state governments and private sector employers may be unable to meet such requirements.

He said: “Organized Labour must be considerate and diplomatic in their requests.

“With Nigeria grappling with significant unemployment challenges, insisting on a N250,000 minimum wage could lead to retrenchments, as some state governments and private sector entities are not financially equipped to pay. Such retrenchments would further destabilize our already fragile economy.”

Okeke, who is also an employer of Labour, highlighted the broader economic repercussions of potential large-scale retrenchments, urging both the federal government and Organized Labour to weigh the potential outcomes carefully.

While urging both parties to come to a truce, he called on the federal government to enforce stricter price regulatory policies to protect citizens from exploitation by business owners.

He sought for answers to the logic behind the rising costs of essential agricultural products in relation to the exchange rate, noting that “It is perplexing how fluctuations in the dollar can justify price increases in agricultural products such as garri.”

“I urge the federal government to take price regulation seriously as numerous businesses and companies are exploiting citizens.”

“Additionally, I call on the federal government to implement a reliable workforce management system in all ministries and agencies to boost productivity and uphold ethical standards,” Okeke stated.

Emphasizing the need for systemic reforms, he also advocated for the establishment of a robust workforce management system across all ministries and agencies. He believes that such a system would significantly enhance productivity and ensure ethical conduct within the public sector.

The politician further canvassed the need for a balanced and pragmatic solutions to Nigeria’s economic challenges, emphasizing the importance of collaborative efforts between Organized Labour and the federal government.

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