Festus Osifo, president of the Trade Union Congress , says increasing the minimum wage for civil servants will not worsen inflation.He added that there is ample justification for an increase in the minimum wage given increased revenue allocation to states since May 2023.Advertisement
“If you look today, from May 2023 to date, revenue from the Federation Accounts Allocation Committee to the state governments has tripled,” he said.“The most critical aspect of production is labour. It is for you to take part of the money and pay workers. That won’t increase inflation because the money will be spent anyway; if you don’t give it to workers, it will be spent on other projects.
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