The Nigerian Labour Congress (NLC) has revealed their plans to negotiate with the Federal government on how to increase minimum wage to N100,000 or N200,000.
Recall that the TUC and NLC called off their impending strike for the next 30 days after the additional N35,000 added to their wage to cushion the effect of the subsidy removal.
The NLC president Joe Ajaero told Channels Television that the N35,000 added to the workers salaries isn't the new minimum wage. He said the union will have another meeting with the FG very soon to discuss the new minimum wage which will be approved into law.
Joe Ajaero said the new minimum wage would be N100,000 or N200,000 but it will be nothing less than N100,000.
He stated certain factors like cost of living and inflation will be considered before setting the new minimum wage. He also said the minimum wage has to be approved by the legislature before it can be a minimum wage because it is a product of law.
"Certain things would come into play when we discuss it – inflation, cost of living. Every other thing would come into it,” he added. “We would not go to ask for N65,000. We would go for a realistic amount because N65,000 is about $70 which is not up to minimum wage.
The minimum wage is a product of law. Until it is legislated in the National Assembly, it is not a minimum wage,", He added.
Recall that the TUC and NLC called off their impending strike for the next 30 days after the additional N35,000 added to their wage to cushion the effect of the subsidy removal.
The NLC president Joe Ajaero told Channels Television that the N35,000 added to the workers salaries isn't the new minimum wage. He said the union will have another meeting with the FG very soon to discuss the new minimum wage which will be approved into law.
Joe Ajaero said the new minimum wage would be N100,000 or N200,000 but it will be nothing less than N100,000.
He stated certain factors like cost of living and inflation will be considered before setting the new minimum wage. He also said the minimum wage has to be approved by the legislature before it can be a minimum wage because it is a product of law.
"Certain things would come into play when we discuss it – inflation, cost of living. Every other thing would come into it,” he added. “We would not go to ask for N65,000. We would go for a realistic amount because N65,000 is about $70 which is not up to minimum wage.
The minimum wage is a product of law. Until it is legislated in the National Assembly, it is not a minimum wage,", He added.
