Truth EXPOSED! Labour Leaders Drops Bombshell After Tinubu Approved N70, 000 As New Minimum; SEE What They Revealed
In a significant development, the leaders of Nigeria’ s organized labor unions have confirmed their acceptance of the ₦70, 000 minimum wage proposed by President Bola Tinubu. This announcement comes after a meeting between the president and labor representatives at the Presidential Villa in Abuja.
Comrade Joe Ajaero, the President of the Nigeria Labour Congress (NLC), stated that the unions had agreed to the offer due to the additional incentives attached and the president’ s promise of a review every three years. This is a departure from the previous minimum wage structure, which lacked a regular review mechanism.
Flanked by Comrade Festus Usifo, the President of the Trade Union Congress (TUC), and other worker representatives, Ajaero emphasized that the unions recognized the need for realistic expectations in the face of the high cost of living following the removal of the petrol subsidy.
President Tinubu’ s Calls For Pragmatism
Last Thursday, President Tinubu had met with labor leaders and urged them to have realistic expectations regarding the minimum wage. He had cautioned that the process would require a thorough examination of the available resources before finalizing the new minimum wage.
In his Democracy Day speech on June 12, 2024, the president had announced that an executive bill on the new national minimum wage for workers would soon be sent to the National Assembly for passage. This promise has now been fulfilled with the agreement reached with the labor unions.
The Minister of Information, Mohammed Idris, confirmed on Thursday that the ₦70, 000 ” agreed” amount would be communicated to the National Assembly in the coming days. This paves the way for the legislative process to commence, ensuring that the new minimum wage becomes a reality for Nigerian workers.
The acceptance of the president’ s offer by the labor unions represents a significant step forward in addressing the concerns of workers and finding a balance between their needs and the country’ s economic realities. This collaborative approach is expected to foster a more harmonious relationship between the government and the labor movement, ultimately benefiting the Nigerian workforce and the nation as a whole.
