Edema: No Employee Ought to Settle For N70,000

Hon. Olugbenga Edema, a governorship aspirant from the All Progressives Congress (APC) political social gathering within the not too long ago concluded governorship primaries in Ondo State, is advocating for a rise within the minimal wage of staff in Nigeria.

In his message to staff within the nation through the celebration of Could Day, Edema stated no employee must be contented with a minimal wage of lower than #70.000.00 contemplating the financial actuality within the nation.

Edema who hailed the employees for his or her laborious work and dedication, emphasised the necessity for a considerable improve within the minimal wage to enhance the usual of residing of the employees.

He maintained {that a} greater minimal wage should resonate with staff who try tirelessly to contribute to the expansion and prosperity of the state and the nation which he stated will guarantee their monetary stability within the face of daunting financial challenges.

Based on the previous Chairman of the Ondo State Oil Producing Space Growth Fee (OSOPADEC), who expressed his concern over the present financial scenario, burdened that the minimal wage for staff must be raised to a minimum of N250,000 per thirty days, calculated on the fee of N1,250 to a greenback.

The previous lawmaker who represented Ondo State on the governing board of the Niger Delta Development Commission (NDDC), argued that such a rise is critical to align with the financial realities confronted by staff within the nation and to offer them with an honest lifestyle.

“On this auspicious event of Could Day, I need to recognise the invaluable contributions of our workforce to the expansion and improvement of our pricey state and the nation. It’s essential that we guarantee their welfare by setting a minimal wage that displays the present financial situations.

“In 1981, the Nigerian working class achieved a month-to-month minimal wage of N125. On the prevailing trade fee of N61/$1, this quantity corresponded to $204.92 per thirty days. By 2011, the month-to-month minimal wage was raised to N18,000, which was equal to $113.92 on the prevailing trade fee of N158 to $1.

“In April 2019, the month-to-month minimal wage was additional elevated to N30,000, or $98.36 on the prevailing trade fee of N305 to $1.

“As of right this moment, the minimal wage stays at N30,000, translating to $19.96 on the prevailing trade fee of N1503 to $1. The demand for a brand new minimal wage by Nigerian staff is now at its peak and should urgently be honoured. No employee ought to must make do with a meagre N70, meagre the price of residing continues to rise.”

“I firmly imagine that the minimal wage shouldn’t be lower than N250,000 per thirty days, calculated on the fee of N1,250 to a greenback. It’s crucial that we prioritise the well-being of our staff and supply them with a wage that permits them to satisfy their primary wants and reside comfortably.”