The National Association of Nigerian Traders, NANTS has cautioned traders against commodities price increase due to implementation of the minimum wage.
The President of the Association Ken Ukaoha gave the advice at a one-day training workshop for NANTS leadership on tracking commitment of political actors to farmers and Traders Charter of demand in Katsina.
He said that it was unnecessary and immoral for traders to increase their commodities price due to minimum wage increase.
The President says no trader deals on all items of need and once a trader raises the prices of his or her commodity, others will jerk up the price of their commodities. He said that the farmers and traders had made arrangements with the political actors in the country before the 2019 General Elections.
Earlier, the Katsina State
Coordinator of Association Ibrahim Suleiman, urged members to be proactive
towards monitoring the agreements made with political actors.
