The Labour Party (LP) has cautioned the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) against its proposed salary increase for public officeholders, warning that such a move would encourage further borrowings by the Federal Government.
In a statement on Thursday, LP’s interim National Publicity Secretary, Prince Tony Akeni, accused RMAFC Chairman Mohammed Shehu of misleading Nigerians by claiming that President Bola Tinubu earns only N18 million annually, while ministers receive N12 million per year. “This is false. Reports from the Central Bank of Nigeria (CBN) show that the President already lives in affluence beyond his official salary,” the party said.
Labour Party described the proposed salary hike as “unconscionable and insensitive,” particularly at a time when millions of Nigerians are grappling with economic hardship. The party urged RMAFC to reconsider, arguing that the move would further enable the Tinubu administration’s “questionable borrowings and accumulation of foreign debt, which have mortgaged the future of Nigeria’s unborn generations.”.-15+ MINUTES VIDEO: FATHER CAUGHT IN UNSPEAKABLE POSITION WITH HIS DAUGHTER IN LAGOS HOTEL (DON’T OPEN IN PUBLIC)
Instead, LP urged the commission to focus on improving the welfare of ordinary Nigerians, including increasing the minimum wage, which currently stands at N70,000 per month. The party highlighted that international observers, including the United States, have previously advocated for raising the minimum wage to…..READ FULL ARTICLE>>
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
