NLC to Demand N250,000 Minimum Wage in Meeting with President Tinubu

Julianah Ologunde
By Julianah Ologunde 2 Min Read

NLC to Demand N250,000 Minimum Wage in Meeting with President Tinubu

The Nigeria Labour Congress (NLC) is set to push for a N250,000 minimum wage during a scheduled meeting with President Bola Tinubu at the State House, Abuja, today. Benson Upah, Head of Public Affairs at NLC, confirmed their stance, emphasizing the union’s reasonableness and patriotism despite rising living costs.

This meeting follows Tinubu’s June 12, 2024 Democracy Day speech, where he promised an executive bill on the new national minimum wage. The Federal Executive Council recently deferred discussions on the minimum wage to allow for more stakeholder engagement.

Previously, the Tripartite Committee on Minimum Wage, chaired by Bukar Goni Aji, recommended N62,000 based on submissions from federal and state governments and the Organized Private Sector. However, labour unions insist on N250,000, citing increased food inflation due to petrol subsidy removal and forex window unification. State governors expressed concerns about their ability to pay even N62,000.

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The current N30,000 minimum wage is deemed inadequate by labour unions. Negotiations have been ongoing, with various stakeholders unable to reach a consensus. This led to a nationwide strike on June 3, which was later suspended after government assurances of a potential increase.

President Tinubu established the tripartite committee in January to negotiate a new minimum wage before the expiration of the 2019 Minimum Wage Act in April 2024. The committee includes representatives from Organized Labour, federal and state governments, and the Organized Private Sector.

The outcome of this meeting could significantly impact labour relations and economic policies in Nigeria, as the government seeks to balance worker demands with economic realities.

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