Economist advocates review of salary structure

A micro-economist and life member of Nigeria Economic Society, Sir Ayodele Oyinloye, has called for a complete review of the nation’s salary structure for workers. He made the call in llorin on Sunday while speaking with newsmen.

The economist who described the present salary structure as faulty noted that some states received billions of Naira from federal allocation while others find it extremely difficult to even pay salary or implement the N18,000 minimum wage.
He said leaders and politicians should make sacrifices by cutting down their take home pay and allowances, the Federal Government should be able to pay an average Nigerian worker N30,000 as minimum wage.
Oyinloye said he does not subscribe to uniformity in the payment of salaries across board but rather, every state should be allowed to determine and pay their workers salaries in line with their financial capabilities.
The expert recommended for a review of the country’s tax laws to raise funds for national development, observing that only salary earners bear the burden of taxes





Check the Nigerian Pilot newspaper for the full story.









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