Adigun said:“You will recall that in my address last year, I reported happenings within our sector in terms of failure of privatisation programme by the Federal Government that sold government’s shares in these industries to non-core investors, thereby rendering the very essence of privatisation totally useless. As we speak, none of these sold government agencies has made any progress.” Adigun said.
Adigun said the situation had forced many companies to either downsize or shut down. “The unemployment situation is seriously bad, yet the government is appealing that they share our pains as if that will bring food to the table. What we need now is massive job creation and not empty slogan that appeals to nobody,” Adigun said.
He pointed out that no meaningful success wouls be recorded in a country where the national minimum wage was N18,000, adding that no worker can survive with such meagre salary.