President Bola Tinubu has approved N70,000 as the new
minimum wage for workers in the country.
Tinubu announced the minimum wage during a meeting with
leaders of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) at
the presidential villa on Thursday.
Bayo Onanuga, presidential aide, disclosed this in a
statement.
The meeting was attended by Joe Ajaero, NLC president, and
Festus Osifo, TUC president.
Onanuga said the president promised that the minimum wage
law every three years
Onanuga said the labour leaders commended Tinubu for his
“fatherly gesture”.
“President Tinubu also promised to find ways to assist the
private sector and the sub-nationals to pay the minimum wage,” the statement
reads.
“President Tinubu
announced the decisions at the meeting held with leaders of TUC and NLC on
Thursday in Abuja, the second time the parties met in seven days.
“The Labour leaders applauded President Tinubu for the
fatherly gesture as the President also promised to use his discretionary powers
to meet the demands of university unions demanding unpaid 4 months salaries.”
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How far can N70k go?
ReplyDeleteThis is cosmetic action that does not address the root of poverty.