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Why we accepted N70,000 minimum wage – Labour

Why we accepted N70,000 minimum wage – Labour

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The leaders of the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) Thursday explained why they accepted the N70,000 minimum wage approved for Nigerian workers by President Bola Tinubu.

 

A statement by Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy, had indicated that President Tinubu also pledged to find ways to help the private sector and sub-national entities meet the minimum wage requirement.

The new minimum wage when approved by the National Assembly will replace the N30,000 minimum wage which expired on April 18, 2024.

The President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, while confirming the unions acceptance of the offer, said President Tinubu’s promise to review salaries every three years and other incentives swayed them.

Ajaero, accompanied by Comrade Festus Usifo, President of the Trade Union Congress (TUC), and other representatives of Nigerian workers, stated that the unions had accepted the offer because there were other incentives attached.

He said that the president’s pledge of a review every three years, as opposed to what had previously been received, was another factor in his decision to accept the offer.

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