The Organized Labor has issued the Federal Government May 31 deadline to craft a new minimum wage, one that is both practical and fair for Nigerian workers.
Labor, comprising the President of the Nigeria Labor Congress, NLC, Joe Ajaero and his counterpart in the Trade Union Congress, TUC, Festus Osifo were unanimous that the N30,000 current minimum wage has been grossly insufficient for Nigerian workers in the light of current economic realities and inflationary pressure including food inflation, hike in energy and transportation cost, amongst others.
They insisted that a new living wage of ₦615,000 be expeditiously approved by the President Bola Tinubu administration before the end of May.
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“The Nigeria Labor Congress and the TUC have made it clearly and emphatically that should the minimum wage negotiation continue and linger till the end of May, we can no longer guarantee industrial harmony in this country,” Ajaero said.
Osifo asked the Nigerian Electricity Regulatory Commission, NERC, and power distribution companies to immediately reverse the current increase in electricity tariff for Band A customers.
“The NLC and TUC hereby advise NERC and power sector operators to reverse the last increase in electricity tariff within the next one week,” the trade union boss said.
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