Lagos State Governor Mr Babatunde Fashola has explained why it appears difficult for certain political office holders to implement the new national minimum wage for workers across board.
Speaking at the 5th Christopher Kolade Symposium organised by the Nigeria Leadership Initiative (NLI) in Lagos yesterday, Fashola said notwithstanding the clamour for increase in wages from N10,000 to N18,000, it must be realised that the national earning has never increased by 80 percent.
“No society in the world can increase minimum wage by 80 percent. From N10,000, you asked that we should be paying N18,000, that is an increment of 80 percent. But I asked, has there been any time our earning has increased by 80 percent? It is even possible because our economy is driven by the extractive industry and not by taxation. But it is not possible for everyone to earn the same salary and wage because not everyone is doing same amount of work. It is not the same effort that is put in,” Fashola said.
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