President Bola Tinubu has been warned against raising the national minimum salary to N200,000.
Deji Adeyanju, a sociopolitical pundit, suggested that the President instead repay the fuel subsidy and sell the refineries.
According to Adeyanju, the new minimum pay of N200,000 would benefit primarily politicians and civil servants.
This comes as the Nigeria Labour Congress, NLC, begins a statewide protest strike over the increase in fuel prices at the pump.
The increase was caused by Tinubu’s elimination of the fuel subsidy during his inauguration on May 29.
To mitigate the impact of the subsidy loss, the NLC demanded an increase in the minimum wage to N200,000.
In response, Adeyanju tweeted, “It is better to return fuel subsidies than to simply increase civil servant salaries to N200k because the number of civil servants in Nigeria is not up to 3% of the population.”
“This means that only politicians and civil servants will benefit from subsidy elimination.”
“The solution is right in front of everyone’s eyes. Return the fuel subsidy, sell the refineries, and then permanently eliminate it.
“How difficult can common sense be? With fuel at N617, inflation would drive our economy to the ground and further weaken the Naira.”
