Labour Lowers Minimum Wage Demand to N500,000

Date:

Advertisement

 

In the ongoing discussions on the new wage structure in Nigeria, organized labor has reportedly reduced its demand for a new minimum wage to N500,000.

The zonal public hearing on the matter began simultaneously in Lagos, Kano, Enugu, Akwa Ibom, Adamawa, and Abuja. Initially, the President of the Nigeria Labour Congress, Joe Ajaero, had hinted at a possible demand of up to N1 million due to inflationary pressures. However, based on proposals submitted by state chapters, the organized labor has decided to push for N500,000 at the current meeting.

The public hearing aims to gather input from various stakeholders, including labor unions, state governors, ministers, civil society groups, and the organized private sector, to determine a new minimum wage that reflects the current economic situation and meets the aspirations of workers. The meetings are being held simultaneously in all six geopolitical zones, with different leaders presiding over each zone.

The issue of whether the minimum wage should be retained on the exclusive legislative list or moved to the concurrent list has also been raised. The Trade Union Congress chapters in Ogun and Katsina have called for its retention on the exclusive list, while the Kano State Commissioner of Information stated that the matter is yet to be discussed by the State Executive Council.

The Nigerian Labour Congress has conducted cost-of-living analyses in various states, and based on those findings, they are determined to demand an amount slightly above N500,000 as the minimum wage. However, the final demand will depend on the proposals submitted by state and local government chapters.

It is important to note that the negotiations and discussions are ongoing, and the final decision on the new minimum wage is yet to be reached.

 

 

 

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisement

Share post:

Advertisement
Advertisement

Popular

More like this
Related

Libya Secures Nigeria’s Place in 2025 AFCON

Nigeria has officially qualified for the 2025 Africa Cup...

World Cup Qualifiers: Chris Wood Shines with Double in New Zealand’s 8-1 Victory Over Vanuatu

Nottingham Forest striker Chris Wood showcased his impressive form...

Osimhen Matches Odegbami’s Record with Super Eagles

Victor Osimhen has equaled Segun Odegbami’s long-standing scoring record...

AFCON 2025: Nigeria, Côte d’Ivoire, and 13 Others Secure Spots as Qualification Heats Up

The race for the remaining spots in the 2025...
Advertisement