Minimum Wage: We’re Not Fixated On A Figure — NLC

The Nigeria Labour Congress (NLC) says it is not fixated on a figure as negotiations continue with the Federal Government over a new national minimum wage.

Recall that Organised Labour on Monday declared a strike ove a new minimum wage and the recent hike in electricity tariff for Band A customers.

Following the strike action, the federal government and organised labour reached an agreement on a new minimum wage that will be “above N60,000.”

The figure was disclosed by the government late Monday after a meeting with the Nigeria Labour Congress (NLC) and its counterpart, the Trade Union Congress (TUC), at the Office of the Secretary to the Government of the Federation (OSGF).

Speaking during an appearance on Arise TV on Tuesday, Benson Upah, Head of Department of Information NLC, disclosed that Organised Labour is not fixated on a figure but would consider a fair and reasonable figure that can take a family of six home.

His words: “We are not fixated on any figure; our first offer was N615,000, but we climbed down, and we’re now on N494,000. Let me be emphatic; our fixation is with value. If today the government takes the needed decisions to create value around the naira, we’ll be ready to take a figure that is realistic.

“In 1981, the national minimum wage was N125, equivalent to $188. If the government takes the requisite decision to create value around the naira, we’ll be ready to take a figure that is fair and square.”

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