Eko Hot Blog reports that, in light of President Bola Ahmed Tinubu’s New Year commitment to implement a “national living wage” this year, the Nigeria Labour Congress (NLC) has assembled a team for negotiations with the government.
The current minimum wage of N30,000, negotiated in 2018, expires in April 2024.
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Each agreed minimum wage has a five-year lifespan. Therefore, the lifespan of the current national minimum wage will soon be over.
The President had said in the address: “The economic aspirations and the material well-being of the poor, the most vulnerable and the working people shall not be neglected.
“It is in this spirit that we are going to implement a new national living wage for our industrious workers this New Year. It is not only good economics to do this, it is also a morally and politically correct thing to do.”
In an interview with Vanguard, NLC Chairman Comrade Joe Ajaero gives update on labours preparedness for the meeting with government and it’s expectations.
“The committee has not been set up but we have submitted all the names of the labour team. We thought that the government would have, on the first week of December 2023 or the last week of November, constituted the committee but, as of today (last Thursday), the committee has not been constituted.
That is the situation but we have submitted the names, of those who are supposed to represent labour in the committee.”
When asked on Labours demand going into the negotiation and it’s proposal of N200,000 to government last year, the labour leader said:
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“Well, I didn’t just say N200,000. I tried to figure out the value of $200 then. So, if you are looking at the constant variables from the point of view of two hundred dollars, you will discover that a dollar is around a thousand two hundred naira now. You have to adjust based on the prevailing circumstances.”
“These are some of our strategies, we don’t put our proposal on the pages of newspapers for the other parties to know, but I have given you a hint of what we are looking at. We are going to dust all that we have, it will be public knowledge when it is done; it’s not going to be abortion before pregnancy.” He said
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