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NLC North West proposes N485,000 as new national minimum wage for workers

Credible News by Credible News
March 8, 2024
in Economy, Human Interest, News
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NLC demands N794,000 as new minimum wage for workers in South West
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The Nigeria Labor Congress, NLC, in the Northwest zone has proposed N485,000 as new National Minimum Wage for workers in the country.

The State Chairman of the congress, Mr Kabir Inuwa, who made the presentation on behalf of the North West leadership in a paper presented on Thursday at a Public hearing on the Tripartite Committee on National Minimum Wage held at the Government House Kano,  said the proposal of N485,000 was necessary considering the dynamics of the national economy.

“It is imperative to propose a new minimum wage that reflects the cost of living and ensures a decent standard of living for workers.

“The proposed new minimum wage per month should be determined through a comprehensive assessment of the current economic conditions, inflation rates, and basic needs of workers and their families.

“The congress is of the opinion that for any minimum wage to achieve its purpose, it must reflect realities of the economic situation and accordingly assess the least income that would be sufficient for survival of a family of six,” Inuwa said.

READ ALSO: NLC demands N794,000 as new minimum wage for workers in South West

He explained that such could cover the estimated monthly expenditure per household, comprising father, mother and four children, noting that the minimum wage act had given all the protection required to ensure compliance.

“This may be initiated by an individual or trade unions. The lack of awareness on the existing laws constitutes rampant contravention of the law, most especially by some state and local governments.

“If the labor unions can initiate a mechanism to explore the provision of the law, it would record minimum defaults,” he said.

Inuwa stressed the need for the intervention of the Federal Government to ensure compliance through withholding all allocations to any state or public institutions that contravened the minimum wage law.

“The removal of fuel subsidy and Forex policy came at a time when Nigeria’s minimum wage is matured for review.

“The attendant effect of the current economic hardship propelled by hyperinflation renders workers vulnerable,” he said.

Credible News reports that the South West chapter of the NLC had demanded the sum of N794,000 as new national minimum wage for workers in the geopolitical zone, citing the current economic trend as reason.

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