News

Minimum wage: Labour threatens nationwide strike by end of May

Minimum wage: Labour threatens nationwide strike by end of May

The Nigeria Labour Congress (NLC) have given President Bola Tinubu until the end of May to finalise the implementation of the new national minimum wage for workers.

NLC president Joe Ajaero made the demand on Wednesday in Abuja at this year’s International Workers Day.

Mr Ajaero said, “All parties in the tripartite process are well represented, and the engagement has been robust. We have placed our demand of N615,000 only before our social partners while we await their offer. If, however, the negotiation of the minimum wage is not concluded by the end of May, the trade union movement in Nigeria will no longer guarantee industrial peace in the country.”

Ajaero also said labour demanded that the new act have a two-year life span and included an agreement for automatic wage adjustments at any time inflation exceeded 7.5 percent.

He said the union further demanded that every employer with up to five workers pay the new minimum wage. Mr Ajaero called for strengthening monitoring and compliance mechanisms to penalise non-complying state governments.

READ ALSO:

He said that Nigerian workers deserved to have a national minimum wage that approximated to a living wage.

“Our figures are based on objective realities around the nation and not based on some fantasy but on what confronts us as workers around the nation. We want to be able to buy foodstuff and housing, among others. Any wage that is below this living wage condemns workers to starvation,” the NLC president said.

Ajaero, however, said, “We must not let our guards down but be alert so that together, we can assist government take the right decision and pay workers a living wage as promised by Mr President. We will not allow our interest to sabotage the desire of the president concerning a living wage for workers.”

The NLC president also said the contributory pension scheme needed to be reviewed. He noted that there had been complaints about it, such as the delay or non-transmission of contributed money to the Pension Fund Administration.

Ajaero also called for the reactivation of gratuity to public servants. He further called for the upward review of the retirement age in the entire public service from 60 to 65 years and 35 years to 40 years in service just as was done for teachers and judges.

Minimum wage: Labour threatens nationwide strike by end of May

Trends Admin

Recent Posts

NURTW scribe felicitates Nigerians on Xmas, urges caution

NURTW scribe felicitates Nigerians on Xmas, urges caution    The General Secretary of the National…

6 hours ago

Why we displayed ‘Jesus Christ is not God’ banner at Lekki mosque -Imam

  Why we displayed 'Jesus Christ is not God' banner at Lekki mosque -Imam  …

6 hours ago

CBN fines bank found hoarding cash N150m

CBN fines bank found hoarding cash N150m The Central Bank of Nigeria (CBN) has imposed…

10 hours ago

Lagos-Calabar coastal road: Train track work begins 2025, says minister

Lagos-Calabar coastal road: Train track work begins 2025, says minister The Federal Government plans to…

10 hours ago

Three days to Christmas, food prices, transport fares hit the roof

Three days to Christmas, food prices, transport fares hit the roof According to the Universal Declaration of Human…

10 hours ago

Three Ogun varsity students die in auto crash

Three Ogun varsity students die in auto crash The Police Command in Ogun State has…

10 hours ago