There is a high possibility of massive job losses within the Organised Private Sector, (OPS), should employers of Labour be compelled to comply with the upward review of the national minimum wage to N70, 000. Recall that on Thursday, President Bola Tinubu, and the Organised Labour, comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), led by their presidents, Joe Ajaero and Festus Osifo respectively, agreed to N70,000, as the new minimum wage during their meeting at the Presidential Villa, Abuja. The National Assembly is scheduled to…
Read MoreNew Minimum Wage: Mass retrenchment looms, as OPS reject N70,000
