AFRICA

NLC Demands N794,000 Minimum Wage For South-West Nigeria Workers

The Nigeria Labour Congress (NLC) has put forward a demand for a new national minimum wage of N794,000 for workers in the south-west zone. 

The chairperson of the NLC Lagos state chapter, Funmi Sessi, made this announcement during her presentation at the ongoing public hearing of the tripartite committee on national minimum wage in Lagos.

Sessi emphasized that this demand was a unanimous agreement among all members of the union in the south-west region. 

The call for a revised minimum wage comes as part of the deliberations by the 37-member tripartite committee, inaugurated by the federal government on January 30, with the responsibility of recommending a new national minimum wage for Nigerian workers.

Chaired by Bukar Goni Aji, former head of service of the federation, the committee includes representatives from the federal and state governments, private sector, and organized labor. 

The NLC president, Joe Ajaero, had previously stated during an interview on ARISE NEWS in February that the proposed new minimum wage for workers should be N1 million.

Ajaero justified this demand by pointing to the challenges of galloping inflation in the country and the depreciation of the naira.

He said, “This N1 million may be relevant if the value of the Nigerian naira continues to depreciate and if the inflation is not checked because the demand of labour is equally dependent on what is happening in the society.

“You will remember that by the time we were contemplating N200,000, the exchange rate was about N800/N900. As we talk today, the exchange rate is about N1,400 or even more.”

Ozioma Samuel-Ugwuezi 

Follow us on:

AriseNews

Recent Posts

Obi Asika: Nafest 2024 Aims to Showcase Nigeria’s ‘Unity in Diversity’ Through Art and Culture

NCAC DG Asika has underscored Nafest’s role in celebrating Nigeria’s cultural diversity, aiming to enhance…

6 hours ago

Okey Ikechukwu – Limited Presence Of National Infrastructure Makes Land Procurement In South East Unattractive

Okey Ikechukwu has asserted that limited business prospects, not exclusion, deter non-indigenes from acquiring land…

6 hours ago

Edo State Governor Constitutes 14-Member Committee to Probe Obaseki Administration

Edo Governor Okpebholo has formed a 14-member committee to investigate assets and liabilities under Godwin…

11 hours ago

Gunman Killed, Three Policemen Injured in Shooting Near Israeli Embassy in Jordan

A gunman was killed, and three Jordanian policemen were injured in a shooting near the…

18 hours ago

Putin Signs Law Forgiving Debts for Recruits Fighting in Ukraine

EXCERPT: Putin has signed a new law forgiving up to 10 million roubles debts of…

18 hours ago

Philippines Security Council Probes Vice President’s Alleged Assassination Threat Against President Marcos

An alleged assassination threat by Philippines VP Sara Duterte against President Marcos has triggers investigation,…

19 hours ago