News
Workers’ Day: Ajadi Charges Govts To Reduce Inflation, Improve Purchasing Power
As Nigeria Workers celebrate their day on Thursday May 1, 2025, a South West Chieftain of the New Nigeria Peoples Party (NNPP), Ambassador Olufemi Ajadi Oguntoyinbo has called on governments at the different levels to reduce inflation and improve workers’ purchasing power, economic growth and development.
Ambassador Ajadi said that rise in salaries of workers may not be the solution to their plights if the current galloping inflation is allowed to continue, urging the governments to think out of the box and ensure that workers live a descent life.
Recall that Workers’ Day is an annual day of celebration of the labour movement and its achievements. It has its origins in the union movement, specifically the eight-hour day movement, which advocated eight hours for work, eight hours for recreation, and eight hours for rest.
Ajadi, an employer of labour, a friend and supporter of labour movement, in a statement to mark this year’s Workers Day, which copies were made available to journalists, said that he rejoice with workers and share in their pains due to the current economic hardship.
According to him, “I rejoice with the Nigerian workers as they celebrate their day on Thursday May 1, 2025. I share in your joy and I equally share your pains due to the current economic hardship.
“We appreciate your contributions to the country and wish you a successful celebration. Let me use the occasion of this year’s Workers’ Day to appeal to both the state and the Federal Governments to improve the purchasing power of the workers.
“Nigerian workers deserve our appreciation and respect for their contributions to the development of our country.
“I also salute them for their patriotic cooperation with the government and other institutions in the collective efforts to address societal challenges.
“There is no doubt that labour creates wealth for the nation, the more reason that the welfare of the Nigerian workers should always be accorded priority.
“Increment in salaries alone without a corresponding value will not end the workers’ suffering. The current gallop inflation should be halted by the governments so that workers can enjoy the good value of their hard – earned income.
“Governments should assist the workers by bringing down the prices of goods and services as this would buoy the workers’ purchasing power.”
—-Kunle Bakare.
-
Society News5 years agoJamaican man beheads wife after finding out their 6 kids are not his
-
Society News7 years agoEXCLUSIVE: The Complete Story of Dolapo Awosika, John Fashanu and Prophet Kasali Sex Mess
-
News5 years agoPastor Osagie Ize-Iyamu, His Membership Of Secret Cult, And Other Issues Touching On His Public Credentials Examined by Barr. PATRICK I. BIOSE
-
News5 years agoBREAKING: Ajimobi’s daughter-in-law blast Gov. Makinde, says gov can’t surpass ex-Oyo gov
-
Society News6 years agoThe Rise and Fall of “Jumoke The Bread Seller”
-
News5 years agoBREAKING: 2 arrested as NAF begins investigations into Tolulope’s death
-
Crime6 years agoExclusive: Female Aide Fingered In Oko Oloyun’s Murder + Banking Transactions That Nailed Husband
-
News5 years agoBREAKING: Police take over Edo House of Assembly as APC, Oshiomhole move to seize control
You must be logged in to post a comment Login