“Why we accepted N70,000 as minimum wage” – Organised Labour

Organised Labour on minimum wage

Leaders of the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) announced that they have accepted the N70,000 minimum wage approved for Nigerian workers by President Bola Tinubu.

Organised Labour on minimum wage2

President Tinubu, who announced the approval of  N70,000 minimum wage for Nigerian workers at the meeting held with leaders of TUC and NLC yesterday in Abuja, promised to review the law every three years and also find ways to assist the private sector and the sub-nationals to pay the minimum wage.

The meeting held with the Labour leaders was the second time the parties met in 7 days.

Following the meeting, the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, briefed the media and confirmed that the unions had accepted the offer.

Ajaero, accompanied by the TUC President, Comrade Festus Usifo, and other representatives of Nigerian workers, stated that the unions had accepted the offer because there were other incentives attached.

He said that the President’s pledge of a review every three years, as opposed to what had previously been received, was another factor in his decision to accept the offer.

The Labour leaders applauded President Tinubu for the fatherly gesture as the President also promised to use his discretionary powers meet the demands of university unions demanding unpaid 4 months salaries.

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