By RoundoffNews

The Trade Union Congress, TUC Ekiti State Council has expressed hope that the state’s year 2021 recently presented by the Governor when passed and if well implemented will have a significant impact on the formal and informal sectors of the economy.

In a reaction to the budget speech presented by Governor Kayode Fayemi before the House of Assembly, the TUC noted that the incorporation of the adjusted minimum wage into the appropriation bill was a welcome development and an indication that the Governor is conscious of the challenges faced by public servants.

According to the state Chairman of the TUC, Comrade Sola Adigun, allocating 23% of the total estimate to infrastructure could be provide enabling environment for the emergence of cottage industries and other businesses if judiciously implemented.

Comrade Adigun also commended the Governor for closing the hitherto wide gap between Recurrent Expenditure at 53% and Capital Expenditure at 47% of the total budget estimate, while he hoped the administration would work on achieving more percentage of allocation to Capital Expenditure than it gave to Recurrent before the end current tenure.

The TUC boss described as humane and sensitive the resolve of the government to pay the backlog of salary and emoluments of workers as well as commence payment of the adjusted minimum wage to other public servants.

However, Comrade Adigun called on the government to without delay open the window of negotiation with the leadership of labour on the proposed implementation of the new minimum wage as he noted that the organized Labour are still oblivious of the parameters and table used to arrive at the adjusted wage percentage upon which the 2021 Appropriation Bill is predicated.

He also noted that despite the significant funding of the Education sector by the present administration in the 2020 budget, particularly the construction of four new Secondary Schools in Ado Ekiti, the 2021 budget speech did not lay the deserved emphasis on Education, just as it did to other sectors like Social Intervention and Infrastructure.

“We are of the opinion that as a state and administration that pride itself bastion of human capital development, the Education sector deserve a mention in the budget speech, which is a major policy statement of Mr Governor to which he could be held accountable”.

” on the laudable promise to start payment of new minimum wage for other workers as contained in the budget speech, our thought is that the budgetary allocation for that would be predicated on the outcome of our negotiation with the government”.

“We are however eagerly waiting for the government to open the door of discussion with Labour on this all-important matter before the Appropriation Bill is passed to Law by the House of Assembly”.

” Generally speaking, the budget size is very realistic considering the global economic situation and the areas of focus appear to us very critical for the progress of Ekiti State”