Home News Minimum Wage: NLC Rejects FG’s ₦54,000 Proposal
News

Minimum Wage: NLC Rejects FG’s ₦54,000 Proposal

913
NLC Release Ajaero

The Nigeria Labour Congress, or NLC, has rejected the Federal Government’s proposed ₦54,000 minimum wage as the Tripartite Committee on Minimum Wage returned to the negotiation table last week.

The Committee proposed a modest increase, suggesting that the initial ₦48,000 should be raised to ₦54,000. However, this fell significantly short of the ₦615,000 that the NLC had initially requested, leading to their outright rejection of the proposal.

During the closed-door meeting held at Nicon Luxury Hotel in Abuja on Tuesday, the NLC and the Trade Union Congress (TUC) gave the federal government a deadline until the end of May to consider negotiations for a new minimum wage.

The industrial unions also directed member states owing the ₦30,000 minimum wage to prepare for industrial action.

Meanwhile, considering the economic downturn caused by inflation, the NLC Chairman, Joe Ajaero, insisted that ₦615,000 is a price applicable to tackle such a situation.

Ajaero noted that the amount was arrived at after analysing the economic situation, worsened by inflation and the need for an average family of six to survive.

Nonetheless, the issue of the minimum wage has been a consistent punchline making headlines in Nigeria, unlike the salaries of judicial and public officials, which pass through President and Senate approval without hassle.

Despite the ₦54,000 proposed, Ajaero and other labour leaders in the industrial communities have given the Federal Government a May 31 ultimatum to meet their demands.

About The Author

Written by
Mayowa Durosinmi

M. Durosinmi is a West Africa Weekly investigative reporter covering Politics, Human Rights, Health, and Security in West Africa and the Sahel Region

Related Articles

Nigeria’s External borrowing
FinanceNews

Tinubu Government Delays Release of Signed Tax Acts to the Public

Four days after President Bola Tinubu announced the signing of four tax...

one-party state in Tinubu's administration
News

As Tinubu Urges Africa-Caribbean Unity in Saint Lucia, Over 272 Nigerians Killed in June Alone

While Nigerians deal with deadly violence, worsening hunger, and mass flooding, President...

BusinessNews

You Can’t Tax a Dead Economy: Nigeria Is Suffocating Under Its Own Policies

As Nigeria’s Central Bank clings to its benchmark interest rate of 27.5...

News

“Wike is Not a Blessing to Us, He’s a Disaster” — Workers Protest in Nigeria’s Capital Over Unpaid Wages, Poor Working Conditions

Staff members of the Federal Capital Territory Administration (FCTA) in Abuja barricaded...