Organized labor unions in Nigeria, namely the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC), have reportedly tabled a demand for a new minimum wage of six hundred and fifteen thousand naira for workers in the country. This proposal comes amid ongoing negotiations between labour representatives and the government.
According to a reliable source within the labour movement, who opted to remain anonymous, the proposed wage increase was the result of extensive consultations among the NLC and TUC. The source hinted that the figure might still undergo adjustments, particularly in light of recent hikes in electricity tariffs.
As reported by Punch, the push for a new minimum wage gained momentum after President Bola Tinubu, through Vice President Kashim Shettima, established a 37-member panel tasked with recommending a new national minimum wage.
The panel, comprising representatives from federal and state governments, the private sector, and organized labour, was urged to expedite its deliberations as the current N30,000 minimum wage expired at the end of March 2024.
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