By Agboje Chuks
The coordinator of Civil Rights Council of Nigeria in Asaba, Delta State of Nigeria, Comrade Joy Edigbine has warned the Federal Government over minimum wage increment without corresponding increase in the gross national output of the country’s goods and services
Comrade Joy Edigbine who gave the warning during a media interaction noted that it was wrong to increase the minimum wage of both the civil and public servants in Nigeria without working on a proportional increase of services and productivity in the country.
She faulted the Federal government of Nigeria for removing fuel subsidy without working out modalities to combat the challenges it would bring
Making emphatic statements during the media interaction, the Urhobo born activist claimed that, the only best way to combat the challenges and extreme hunger occasioned by the removal of fuel subsidy, was to invest in our refineries to ease the pains of fuel hike
Speaking further, Comrade Joy Edigbine stated that an increase in the output of goods and services would mitigate the inflation that would follow the excess cash flow.
Recall that the Federal government had proposed 100% salary increment while labor Union is pushing for 200% increment for workers following the increase in pump price
Comrade Joy who doubles as the founder and Chief executive officer of JEEP film academy, reiterated the need for the Federal government to expedite action in the renovation of our refineries, noting that it was the only way we could come out of this economic pitfall that has thrown the citizenry in degradation and abject poverty
She claimed that even while the Federal government works for the benefit of the Government workers, the claims that those in the private sector may be the end losers of the increments.
” Even until now, some organizations are still under paying their staff and it’s a big challenge.”
She added that even while all focus was for the civil and public servants, nobody is talking about the private sector workers even while everybody goes to the same markets
Continuing, Comrade Joy Edigbine emphasized that there may be demand push inflation if output were not adjusted to match the numerous demands that may erupt from the increase in the volume of money that may be injected into the circulation through salary increment
” Yes, when People’s income increases, then the marginal propensity to consume will also increase and will rupture our economy if. So, we should be very careful” She added
