Petrol price hike may force wage increase – Expert

Petrol price hike may force wage increase – Expert …C0NTINUE READING HERE >>>

A development economist, Mohammed Nezifi, has warned that the government will face pressure to increase workers’ wages following the recent hike in petrol prices.

In an interview with NAN on Friday in Abuja, Nezifi stated that the government might face demands for wage increases or subsidies, which could lead to increased fiscal deficits and public debt.

NAN reported that the Nigeria National Petroleum Company Limited Ltd, NNPCL Retail Management, on September 3rd approved the upward…

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