Entrepreneurs Kick Over Proposed Minimum Wage
The Organised Private Sector (OPS) and entrepreneurs across the country have kicked over the proposed National Minimum Wages between the federal government and the labour.
Their grumble was as a result of the impact the national minimum wages will have on their businesses when it finally becomes law.
A proposed wages of N62,000 is currently before the president for ascent, even as labour is still pushing for at least N100,000 which OPS said they don’t have the financial muscle to pay.
Hence, the Organised Private Sector (OPS) has expressed concern over the continuous agitation over New National Minimum Wage, adding that, pushing beyond N62 000 may force members of the sector to downsize.
This is even as the Federation of Informal Workers of Nigeria (FIWON) has expressed its readiness to adopt whatever may be the outcome of the negotiations between Labour and federal government.
In a chat with LEADERSHIP, the director general of NECA, Adeyemi-Smatt Oyerinde, sounded the note of warning against overstretching the employers of Labour in OPS that has already be pushed to the wall by current economic crunch.