Breaking News:DA Recommend N80k as Minimum Wage to NLC/ Govt Impasse @ 2024:

Breaking News:DA Recommend N80k as Minimum Wage to NLC/ Govt Impasse @ 2024: The Democratic Alternative party after due consultations as well as engagement in empherical R&D admonishes the NLC_ Nigerian Labour Congress and the government to consider N80,000 as minimum wage for now for civil servants of the Nigerian Federation as panacea to the current Minimum Wage impasse. This was was made known to the media by the National Chairman of DA, HE Prince Frank Ukonga,as he offered the following observations: "In Macro Economic Budgeting, the Recurrent Expenditures of govts(Salaries and social spendings inclusive) are at concurrences with the Capital Expenditures and it is imperative to achieve an equilibrium amongst these two competing aspects to guarantee socio economic growth and infrastructural development of the sovereignty" He opined further that for the Tinubu led APC govt to succeed it is advisable to keep the cost of governance (Salaries, social Spendings, emoluments, travels etc) to 25% ratio of the GDP as in international Standard Practice, which would ease funds for capital Expenditures " He concluded.