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Governor Chukwuma Soludo of Anambra state has warned President Bola Tinubu against approving “unsustainable” minimum wage for workers in the country.
Speaking on Wednesday at a special edition of The Platform, an event organized by The Covenant Nation to promote national development, Soludo delved into the complexities of the minimum wage debate and its broader economic implications.
The former Governor of the Central Bank of Nigeria (CBN) warned that not all state governments and the Organised Private Sector can pay the ₦62,000 being proposed by the Federal Government and the ₦250,000 demand of the Organised Labour.
Governor Soludo cautioned that adopting an unsustainable wage could lead to job losses and further economic challenges.
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