Businessman and financier Atedo Peterside responded to rumors that Libya sets a minimum wage of N313,440. On Monday, this report was posted on Statisence’s official X page.CONTINUE FULL READING>>>>>
However, he expressed concerns about the Nigerian minimum wage negotiations, stating that they were going to be needlessly challenging. He attributed this difficulty to the Federal Government’s decisions, which he believed had tainted the negotiation environment. Specifically, he mentioned the approval of a reckless N90 billion Hajj Subsidy and the provision of Luxury SUVs for Legislators.
According to him, these actions created a false impression that the Federal Government was financially well-off, thereby complicating the bargaining process.
On his Verified X page he said, “The Nigerian minimum wage negotiations were going to be unnecessarily difficult because FG “poisoned” the atmosphere for responsible negotiations by approving a reckless N90bn Hajj Subsidy, Luxury SUVs for Legislators etc thereby creating the false impression that FG was rich.”CONTINUE FULL READING>>>>>