The Organised Labour comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) has accepted the N70,000 offered by President Bola Ahmed Tinubu as the minimum wage for Nigerian workers and explained the reasons for the acceptance.
President of the NLC, Joe Ajaero, who gave the reasons on Thursday
while addressing State House correspondents after the meeting with the President, said the unions accepted the offer because of other incentives attached by the government.
Another reason for accepting the offer according to Ajaero is because “the President promised a review every three years as against what obtained in the past.”
Recall that President Tinubu had, on Thursday, approved N70,000 as national minimum wage, as announced by the Special Adviser on Information and Strategy, Bayo Onanuga.
Tinubu announced the new wage during a meeting with the leadership of the Organized Labour in Abuja.
Thursday’s meeting came a week after the first meeting the President had with the Labour leaders last week.
If the National Assembly, approves the wage, it shall replace the N30,000 minimum wage, which expired on April 18, 2024.
Onanuga, who posted via his official X handle, @aonanuga, at exactly 03:31 pm, had said on Thursday: “Breaking: President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years.”
“President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.
“President Tinubu announced the decisions at the meeting held with leaders of TUC and NLC on Thursday in Abuja, the second time the parties met in 7 days.
“The Labour leaders applauded President Tinubu for the fatherly gesture as the President also promised to use his discretionary powers meet the demands of university unions demanding unpaid 4 months salaries.”
