THE Presidency has said that the N497,000 demand by the organized labour as new minimum wage is unrealistic and advised the labour to be serious in its demand.
The Presidency also said that what should be paramount to arriving at the new minimum wage by the Tripartite Committee on the new minimum wage should be the availability of resources to pay whatever is agreed upon
"We have bloated civil service at all levels. Government is keeping them as a social service, because it doesn't have other jobs for them. "From what I have seen so far, they are unserious, unrealistic with their outlandish demand. I know that what the President has been promising is not just a minimum wage but a living wage.
"In my own view, I think what labour should be talking about is how to make affordable housing available, how to reduce transport cost, how to make food cheap and affordable to our people because by the time you spend less money on food, less money on transport, education and other things, the earning power will improve. I don't believe in quantum of money, it will not solve the problem.
"Some of them have done so . We started on Thursday and Friday and we are taking more ministers on Monday . It will run until we exhaust all the major ministers who have stories to tell, who have score cards to present.
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