Thursday, October 17

The federal government is set to meet with the organized labour leaders over issues regarding the new minimum wage this week

This is even as president of the Nigeria Labour Congress (NLC), Joe Ajaero, has announced a two-day national wide strike over the economic hardship being experienced by Nigerians since the removal of petrol subsidy.

Recall that President Bola Tinubu had announced the discontinuance of petrol subsidy on May 29, 2023, which triggered a sharp rise in the general cost of living.

Although the administration approved an additional N35,000 wage award for six months starting from September 2023 to alleviate the impact of the subsidy removal, the organised labour maintained that this was only a provisional solution and called for a complete review of the minimum wage.

Ajaero had earlier said that rising inflation in the country might push the organised labour to demand N1 million as minimum wage.

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