Afrigather Nigeria’s President Bola Ahmed Tinubu has endorsed a proposal to greater than double the minimal wage from ₦30,000 to ₦70,000 after a gathering with Nigeria’s Labour Congress (NLC) and the Commerce Union Congress.
“We had been right here final week. And we’re right here now. What they’ve introduced by way of the quantity of ₦70,000 occurs to be the place we are actually. However the factor about it’s that we’ll not wait for one more 5 years to return and agree,” Joe Ajaero, the NLC’s president mentioned.
The endorsement comes after weeks of negotiations between Nigeria’s Labour Congress (NLC) and the federal government. The NLC proposed a minimal wage of ₦200,000 and argued that inflation and a value of dwelling disaster made the rise needed.
Nonetheless, the FG cited already massive overhead prices as a cause for its counteroffer. It’s, nonetheless, dedicated to reassessing the minimal wage each three years.
With a number of states in Nigeria nonetheless struggling to pay the present minimal wage, President Tinubu additionally supplied to assist states and the personal sector in assembly the brand new wages. He didn’t present particular particulars of this assist.
*This can be a creating story
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