ARE THERE ENOUGH RESOURCES TO MEET LABOUR DEMANDS?
Expectedly, the government and employers of labour will claim as usual that there is shortage of adequate funds to meet these demands. However, rather than lack or inadequacy of required resources, it is the present orgy of treasury looting which characterises governance and management in both public and private sectors, as well as the profit first interest of employers of labour that make it impossible for decent living standards to be guaranteed for vast majority of the working people. The elite never complain about the over-bloated salaries and allowances of top public officials. Since the last minimum wage increase Nigeria has amassed fabulous wealth from the sales of oil and gas, more than any period in the last two decades. However, as one World Bank report reveals only 1% of Nigerians consume the 80% of the countrys resources while 99 per cent are left to scramble for the remaining 20%. This is why it is imperative for Labour to link the struggle for minimum wage to the struggle
