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VAT Hike Has Rendered Minimum Wage Useless -NANS
The National Association of Nigerian Students (NANS) has said the increase in Value Added Tax (VAT) by the President Muhammadu Buhari government has rendered useless, the recent upward review of workers’ minimum wage from N18,000 to N30,000.
The students body said the new minimum wage and the increase in the National Youth Service Corps (NYSC) members allowance were of no effect, considering that people now paid more for goods, phone calls and other services.
NANS Spokesman, Azeez Adeyemi, said yesterday: “The increase in VAT from about 5% to 7.7% takes its own toll on the significant effect of living conditions of workers and corps members, as consumers are now charged 12% more on most of the finished goods they purchase including phone calls and data.
“By virtue of this, the level of inflation since the implementation of N18,000 minimum wage, till the current battle for N30,000 minimum wage, has drastically outweighed the purchasing power of the masses.”
Speaking on corps members allowance, Adeyemi said, “We see no significant difference between the N19,800 corps members’ allowance in 2012 and the N33,000 of 2020. We expect that our corps members should even earn more than they do by now.”
The statement reads further: “In this view, while we commend the necessity of the increment in corps members’ allowance, we give the salutation to the rank and file of Nigerian workers who keep fighting for befitting reward for their labour. To this end, we call on every Nigerian not to relent in the struggle for a better country that guarantees proper welfare of all.
“However, the Nigerian government must as a matter of urgency, ensure the implementation of N30,000 minimum wage across all states and sectors.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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