Subsidy: Salary payment unlikely after June, says Obaseki.

The Edo State Governor, Mr. Godwin Obaseki, on Monday, said the Federal Government might not be able to pay workers’ salaries beyond June 2023 without resorting to massively printing money or removing fuel subsidy.

Obaseki disclosed this while delivering his address during the 2023 May Day celebration with the theme, “Workers’ rights and socio-economic justice,” held at the Samuel Ogbemudia Stadium, in Benin City.

The governor, who reassured the workers that his government would sustain reforms and projects to improve the welfare of workers and ensure better livelihoods for the Edo people, urged the workers in the country to shift from the tradition of reacting after policies that affect them have already been made.

He therefore charged the workers to hold governments accountable for their policies and programmes.

Obaseki said, “It would be a miracle for the Federal Government and state governments to pay salaries beyond June this year without resorting to massively printing money or removing fuel subsidy. Either of these decisions will bring more hardship and pain to Nigerians, particularly workers.

SOURCE: PUNCH NEWSPAPER