By: Kingslive

Kingslive — Tue, 17 May 2016 05:47:00 +0000

Curiously nothing adds up, 1 million people earning 60,000 a year isn’t palliative under the old regime neither is it now. Who determines the 1 million when it hasn’t been able to deal with ghost workers in years. 500,000 volunteer teachers earning N23,000 -30,000 way below the proposed minimum wages (NLC N56,000; NUPENG N90,000).
How do you guarantee commitment? How do they get to work, transport, feed, pay taxes, cloth themselves, and sustain family life on this?
I am also curious about the new exchange rate Kachikwu created as Secondary source at N285. Where does these monies come from? Let think freely, if major oil companies import with dollars earned from crude export they make about N100 prior to buying a litre of refined product as against the official CBN exchange. Curiously what stops them therefore from claiming none existent imports and funding the parallel market at N350 and rising?
Curiously I tend to wonder why the huge disparity between the May 2 PPPRA N12 subsidy payment and N145. That the government isn’t the one paying does not make it okay.
While I agree that subsidy payment is unacceptable I reject any form of transferred exploitation of the people. I recall that Abacha created PTF from N1 addition to pump price of PMS and it grew to be a parallel government. Now imagine what N45.88 will amount to, am just curious!

Comments on: Towards labour strike: Reps in rowdy session over fuel price hike

By: Kingslive