A renowned political economist, Prof. Pat Utomi says Federal Government and the Organised Labour should take advantage of the new minimum wage negotiation to move Nigeria down the path of thrift and production.
Utomi said: “Labour must insist on a dramatic slash in the cost of government and investment of the savings made in production programmes and infrastructure. “Output targets need to be established and hard consequences for abuse of positions like corruption and begging on the job from customers.”. NAN recalls that the organised labour’s declaration of nationwide indefinite strike on Monday over the new minimum wage affected all sectors of the economy.