workers are paid peanuts while we earn luxury wages,says Sen.Ndume
Speaking at a webinar organised by the Emmanuel Chapel themed, ‘Economic stability beyond COVID-19’, the Chairman of the Senate Committee on Army said that Vice President Yemi Osinbajo and former governor of the Central Bank of Nigeria Muhammadu Sanusi, vindicated his position on the high cost of running a presidential democracy which he said is no longer realistic.
“We have a budget of N10tn and only 30 per cent is going to the majority, whereas 70 per cent will be spent on a few minority.
The system we are practising now is not fair either morally or socially. In the current system, workers are not being paid living wages, whereas a privileged few are earning luxury wages.
The National Assembly members, including me, for instance, are paid luxury wages.
How can we live comfortably when only a few of us are living a life of luxury while the majority are living in abject poverty?
The N30,000 minimum wage is too small; it can make workers engage in corruption in order to survive.”