Repeal 2019 minimum wage bill, start again  

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NLC's position on Minimum Wage based on 'distorted facts' — PGF DG

NLC's position on Minimum Wage based on 'distorted facts' — PGF DG

By Dele Sobowale

“Those who deal in ideas, if they are wise, will welcome attack. Only a peaceful passage should dismay them; for it proves that the ideas do not affect anyone very much.” Professor J K Galbraith, 1908-2006, Nobel Prize Winner

The attacks will come. They are welcome. Most of it will be from Labour leaders, never-say-die “Socialists”, media fellow travellers and others emotionally wedded to the idea that Nigeria is still a rich country – where “money is not our problem, but how to spend it”. 

READ ALSOIPOB: Buhari must create opportunity for dialogue – Obi, House of Reps member

The fallacious notion of great wealth, because we are an oil-producing nation, was planted early after we joined the oil cartel. Few people are aware that the oil bonanza was over years ago. Henceforth, exporting crude oil will not save us. It will certainly not make it possible to maintain our over-bloated public service sector anymore. The new…



Source: Vanguard Newspaper