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Governor Charles Soludo warned that an unsustainable wage might lead to job losses and spiral economic challenges in the country.
The former Governor of the Central Bank of Nigeria (CBN) warned that not all state governments and the Organised Private Sector can pay the N62,00 being proposed by the Federal Government and the N250,000 demand of the Organised Labour.
Soludo, who was Speaker from 2015 to 2019, made at The Platform Nigeria, a programme by Lagos-based church, Covenant Nation, to mark the 2024 Democracy Day.
He warned that an unsustainable wage might lead to job losses and spiral economic challenges in the country.