Organised Labour under the aegis of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Thursday gave reasons why the union accepted N70,000 as the new minimum wage for workers across the country.
The President of the NLC, Joe Ajaero who spoke after meeting with President Bola Tinubu at the Presidential Villa in Abuja said the unions agreed to the offer because of other incentives attached.
He said another reason for accepting the offer is because “ the President promised a review every three years as against what obtained in the past.”
Tinubu announced the new wage during a meeting with the leadership of the Organized Labour in Abuja.
Thursday’s meeting came a week after the first meeting the President had with the Labour leaders last week.
The new minimum wage, when approved by the National Assembly, will replace the N30,000 minimum wage, which expired on April 18, 2024.
Onanuga, who posted via his official X handle, @aonanuga, at exactly 03:31 pm, said, “Breaking: President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years.
“President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.
“The Labour leaders applauded President Tinubu for the fatherly gesture as the President also promised to use his discretionary powers meet the demands of university unions demanding unpaid 4 months salaries.”
