Minimum wage: Labour accepts 70,000 offered by FG

Minimum wage: Labour accepts 70,000 offered by FG

By Fly Cable News

Leaders of the organised labour, including the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), have confirmed their acceptance of the N70,000 minimum wage offered by the Bola Tinubu-led Federal Government.

Speaking after a crucial meeting at the Presidential Villa in Abuja, Comrade Joe Ajaero, President of the NLC, announced the unions’ decision to accept the offer.

Flanked by Comrade Festus Usifo, President of the TUC, and other representatives of Nigerian workers, Ajaero pointed out that the unions agreed to the offer due to the additional incentives attached.

He noted that a significant factor in their decision was the President’s promise to review the minimum wage every three years, a departure from previous practices.

The labour leaders had initially demanded a minimum wage of no less than N250,000. However, the agreed amount, coupled with the promise of periodic reviews, persuaded the unions to accept the N70,000 offer.