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By: Adeosun Ewatomi
The Nigeria Labour Congress has issued a stark warning to the Federal Government, asserting that the aggressive implementation of heavy taxation, stagnant low wages, and a mounting national debt has created a volatile environment threatening Nigeria’s economic and democratic stability.
NLC President Joe Ajaero has formally called for an immediate rethink of the newly enacted tax laws, arguing that these policies were drafted without the input of organized labor and unfairly burden the working class. The Congress maintains that while the government continues to borrow heavily, the average worker is being crushed by the high cost of living, effectively rendering current wage structures obsolete. To prevent a total breakdown of the social contract, the NLC is demanding that the government pause its current fiscal direction and return to the negotiating table to ensure that economic reforms do not come at the expense of national peace.