The Trade Union Congress (TUC), has frowned on the level of external borrowings by the Federal Government and warned that the future of the country should not be mortgaged.
TUC also told government to look inwards to harness the country’s natural endowments and raised alarm over the rising cost of living in the country.
According to the union, such a development has eroded the importance of National Minimum Wage, which some states are yet to implement.
National Treasurer of TUC, Mohammad Yunusa, stated this in an interaction with journalists in Abuja on the sidelines of the Central Working Committee meeting at the weekend.
Yunusa, who s also the President-General of the Senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASCGOC), said members of the association condemned in strong terms the spate of kidnappings and the unbridled abductions of school children, students in tertiary institutions and travellers on Nigerian roads.In the communique jointly signed with General Secretary of SSASCGOC, Ayo Olorunfemi, the labour group called on the government to look for ways of improving the general welfare of the entire citizens of the country and the Nigerian workers. (Vanguard)