Massive JUBILATION As N200k Approved As Minimum Wage For These Workers; SEE Details
In a significant development for the Nigerian labor force, stakeholders in the shipping industry have approved a new minimum wage of N200, 000,
The agreement was reached under the aegis of the Shipping Agencies, Clearing, and Forwarding Employers Association (SACFEA) and represents a landmark achievement in improving workers’ conditions in the shipping sector.
The new wage applies to various employees within the association and is seen as a historic advancement for the industry.
It was gathered that President Bola Tinubu’ s administration, through the Ministry of Marine and Blue Economy and the Nigerian Shippers’ Council (NSC), played a pivotal role in brokering the deal, which has set a new standard in the nation’ s labor market.
During the document signing ceremony held in Lagos on Friday, August 23, 2024, Mrs. Boma Alabi (SAN), the president of SACFEA, emphasized the significance of the agreement.
” The most significant thing is that in setting a minimum standard for the shipping industry, we have gone above and beyond any other industry in Nigeria, ” she stated.
Alabi highlighted that the national minimum wage, currently set at N70, 000, was the result of prolonged negotiations and considerable effort by the federal government.
She elaborated, ” The national minimum wage is N70, 000 and we know what it took to get the federal government to get to that point. ”
The announcement has been met with excitement and relief among stakeholders in the shipping industry, who have long advocated for better wages and improved working conditions.
For many employees in the sector, the new minimum wage represents a long- awaited acknowledgment of their hard work and dedication. Also, the move is also expected to have a broader impact on the Nigerian economy, setting a benchmark for other industries to follow.