The presidential candidate of the Social Democratic Get together, SDP, within the 2023 common elections, Prince Adewole Adebayo says rising the wage of employees wouldn’t have a lot financial impression on the dwelling situation of employees and Nigerians as an entire.
Adebayo stated this whereas briefing newsmen in Abuja on the backdrop of rising agitation by the Nigeria Labour Congress, NLC, and the Commerce Union Congress, TUC, for an upward overview of employees’ wages.
He defined that more cash doesn’t translate to high quality life at this materials time.
He stated that the main focus must be the buying energy of the naira.
“It isn’t the quantity of cash in a single’s palms that issues however what the cash should buy.
“There are issues we have to perceive in fundamental economics. Having more cash doesn’t assure you something.
*Everyone who’s dwelling immediately has more cash than Julius Caesar. As a result of at the moment, the complete British economic system was lower than one billion kilos for the primary 1000 years of her existence. Buying energy is what’s essential,” he stated.
