, Ambassador Olufemi Ajadi Oguntoyinbo has called on governments.){kind=link}
A South West chieftain of New Nigeria Peoples Party (NNPP), Ambassador Olufemi Ajadi Oguntoyinbo has called on governments at the different levels to reduce inflation and improve workers’ purchasing power economic growth and development.
The NNPP chieftain said that the rise in salaries of workers may not be the solution to their plights if the current galloping inflation is allow to continue.
The NNPP chieftain in a statement made available to journalists on Wednesday, urged the governments to think out of the box and ensure that workers live a descent life.
In a statement to mark this year’s Workers Day, Oguntoyinbo said he rejoices with the workers and share in their pains due to current economic hardship.
He said, “I rejoice with Nigerian workers as they celebrate their day on Thursday May 1, 2025. I share in your joy and equally share your pains due to the current economic hardship.
“We appreciate your contributions to the country and wish you a successful celebration. Let me use the occasion of this year’s Workers’ Day to appeal to both the state governments and the Federal Government to improve the purchasing power of the workers.
“Nigerian workers deserve our appreciation and respect for their contributions to the development of our country. I also salute them for their patriotic cooperation with the government and other institutions in the collective efforts to address societal challenges.
“There is no gainsaying the fact that Labour creates wealth for the nation, the more reason that the welfare of the Nigerian workers should always be accorded priority.
“Increment in salaries alone without a corresponding value will not end the workers’ suffering. The current galloping inflation should be halted by the governments, so that workers can enjoy the good value of their hard – earned income.
“Governments should assist the workers by bring down the prices of good and services as this would buoy the workers’ purchasing power”.