News

NLC Reveals Plan To Negotiate Minimum Wage To N200,000

Eko Hot Blog reports that the Nigeria Labour Congress (NLC) on Tuesday revealed that the new minimum wage may be negotiated to N100,000 or N200,000.

The announcement is coming after NLC and the Trade Union Congress (TUC) shelved its planned strike scheduled for today after meeting officials of the Federal Government.

Editors Pick 

The organised labour had planned to shut down the country owing to the impact of the fuel subsidy removal.

The President of NLC, Joe Ajaero on Tuesday revealed that the strike was suspended to allow the federal government to fulfil its part of the agreement reached with organised labour.

He further stated that the N35,000 wage award which is part of the government’s offer is not a new minimum wage which he said may be up to N200,000.

NLC Members Protesting during the two-day warning strike earlier this month.

Ajaero speaking on Channels TV said, “So, it is not a minimum wage but it is a wage added to the minimum wage. So, should we in March, April, or before that time negotiate the new wage to be N100,000 or N200,000, it would be inscribed as minimum wage law which should be the law in existence.

“Certain things would come into play when we discuss it – inflation, cost of living. Every other thing would come into it.

Further Reading 

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.”

According to him, for a new minimum wage to take effect, the National Assembly will play a crucial role.

Click To Watch Our Video Of The Week 

Akande Ismail Abiola

Share
Published by
Akande Ismail Abiola

Recent Posts

Alleged Human Trafficker Arrested, Victims Recount Escape

Human Trafficking Agent Allegedly Apprehended Cross Rivers Police Command Libya Bound Nigerian Girls  The Cross…

16 minutes ago

BREAKING: Price Of Petrol Reduces At NNPCL Stations – See New Price

NNPCL reduces petrol price to ₦965 in Abuja. Independent marketers maintain higher prices, ranging from…

4 hours ago

Nigerian Govt Declares Public Holidays For Christmas, New Year

The Federal Government has declared Wednesday, Thursday and Jan.1, 2025 as public holidays. This was…

6 hours ago