This is happening as people are arguing about how much the minimum wage should be raised in light of the present economic climate.
Workers in the South-West geopolitical zone should expect to see a new national minimum pay of N794,000, according to the Nigeria Labour Congress.
This is happening as people are arguing about how much the minimum wage should be raised in light of the present economic climate.
Funmi Sessi, chairperson of the NLC in Lagos State, brought up the number during Thursday’s presentation at the Tripartite Committee on National Minimum Wage’s continuing public hearing in Ikeja, Lagos.
Sessi claims that this was the position held by every single union member in the South-West region.
In 2019, President Muhammadu Buhari’s administration authorized a minimum wage of N30,000.
According to SarewaHausa, on January 30, 2024, in Abuja’s Council Chamber of the State House, the Bola Tinubu administration established a 37-member commission to determine the new minimum wage.
If the increasing inflation in Nigeria is not reined in, the president of the Nigerian Labour Congress (NLC) warned that organised labour may seek a new minimum salary of up to N1 million per month.
The demand for organized labor, according to Ajaero, will be dictated by the cost of living.
Because of President Tinubu’s initiatives, including the elimination of the fuel subsidy, this has increased dramatically since he took office.
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