President Muhammadu Buhari says
the Nigerian Labour Congress (NLC) wants to force his government to print more
money to meet their demands.
Speaking in an interview with
Arise TV, the president asked the NLC how they expect his government and state
governors to get N30,000 minimum wage, considering the struggle to pay N18,000.
“I have just mentioned how much
this country was earning between 1999 and 2014, but there are states that were
not paying salaries,” Buhari said.
“We had to do what you call
bailout twice and then paid Paris Club and whatever it is, up till now there
are states that for six months are not paying one kobo.
“So when the recruited labour
wanted salaries to be increased, I had to relapse into my culture, Hausa
culture, and told them about a mad woman; she went to make firewood, she made
firewood, she tied it, once she couldn’t carry it because it was too heavy, she
increased it instead of reducing.
“When they can’t pay the basic
salary of N18,000 per month, they say it should go to N30,000. My budget
presentation was no secret, I read it all out. Where do we get the money?
“Do we print more currency? If
you do it, you cannot control inflation, but if we have to stay in government,
they would force us to print more money, let everybody be a millionaire.”
The president said he needs the
sympathy of the elite to take an in-depth study of our economic problem.
“God has certainly blessed this
country, we are rich in people, we are rich in resources, but we have a problem
of performance, time factor.
“We have to quickly exploit our
resources, we have started with agriculture, we hope we would make progress
with solid minerals as much as we made with agriculture, and then stabilise the
oil sector.
“But really, we have to do the
infrastructure, because I firmly believe if we do the infrastructure; the
roads, the rail, the power, Nigerians will mind their own businesses, but how
much will it take?”
The federal government has,
however, said the national minimum wage bill will be transmitted to the
national assembly on or before January 23.
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