Director-General of the Nigeria Employers’ Consultative Association , Adewale-Smatt Oyerinde, spoke with members of the Labour Writers’ Association of Nigeria on issues bordering on the economy and challenges businesses are currently facing, among others.
So, just get that cycle of production and consumption going, then you will have significantly solved a lot of economic issues. The government should deal with the issue of transportation and food, and that would make the citizens successfully deal with major areas where salaries are going. Once the economy starts to grow, the naira will become strengthened. The agitation we are having about the minimum wage is not the figure but what the figure can buy.
The Federal Government is accountable for businesses shutting down and multinationals leaving the country due to the harsh operating environment. When we say businesses are paying over 60 different taxes, levies, and fees, some might think it is just 60, don’t know that at all and Small and Medium Enterprises are probably the biggest group. Globally, SMEs are the biggest employers of labour and if you don’t protect them, you destroy the economy.
The issue of conflict is normal. There are many battles we have to fight together. While we do not agree sometimes it is because we are neither an affiliate of labour nor the government. We are independent and we extract our independence within the context of enterprise sustainability, that is the direction for us. Each party in the tripartite is independent and being an independent entity, there will be alignment in your conversation but there was nothing like agreement.
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