Nzekwe gave the recommendation in an interview with newsmen n Ota on Friday.
Reports have it that the new minimum wage takes effect from April 18 as announced by the Senior Special Assistant to Buhari on National Assembly matters, Sen. Ita Enang.According to him, the signing of the N30, 000 minimum wage bill into law is also a welcome development that will boost the purchasing power of Nigerian workers.The former ANAN president also advised the Federal Government to create environment that would enable the productive sector to thrive.
“The effect will also be on the nation’s recurrent expenditures, but the Federal and State governments must work out ways of paying the new minimum wage, “he said. Nzekwe further urged the Federal government to look for ways of widening the Value Added Tax net than increasing it. “Increasing VAT is indirectly using the other hand to collect the new minimum wage from workers and this will inflict more pain on them.“
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