Minimum wage agreement is victory for all workers - NLC
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Minimum wage agreement is victory for all workers - NLC

- The signing of an agreement by the federal government and organised labour on the percentage increase on the consequential adjustment in workers’ salaries has been described as a victory for workers

- The description was made on Friday, October 18, by the chairman of the Nigeria Labour Congress, Ayuba Wabba

- Wabba commended all workers for their support, solidarity and unity of purpose throughout the difficult negotiations

The Nigeria Labour Congress (NLC) has said that the the signing of an agreement by the federal government and organised labour on the percentage increase on the consequential adjustment in workers’ salaries as a result of the new minimum wage of N30,000 is a victory for Nigerian workers.

This was stated on Friday, October 18, by the president of NLC, Comrade Ayuba Wabba, who commended all workers for their support, solidarity and unity of purpose throughout the difficult negotiations, The Nation reports.

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Legit.ng gathers that the NLC president said that it is heartwarming that the process is eventually rewarding.

Wabba said: “We want to thank all Nigerian workers and our affiliate unions for their support, solidarity and unity of purpose throughout the difficult negotiations. It is heartwarming that the process was eventually rewarding.

“We must say that, as always, we disappointed the antics of those whose interest lies elsewhere than the common goal of protecting and advancing the interest of ordinary Nigerian workers."

The labour leader said that the hard-won salary adjustment will benefit all categories of workers including those in the military and para military services.

He said: "Apart from workers, the recent salary increase will also benefit ordinary citizens especially those in the informal sector as the increase in the available disposable income of workers will translate into a stronger purchasing power for our people.

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“This will however only be sustainable if traders and providers of essential services refrain from artificial inflation of the prices of goods and services.

"It makes more sense to sell more at a stable price than sell little or nothing at inflated prices. Certainly, we have learnt from our past mistakes that inflation of prices with adjustment in salaries is a roulette game in which the downtrodden masses are the victims."

Wabba called on government to refrain from introducing counter-productive economic policies and decisions that would erode the recent wage gain achieved by workers.

He said: "Any further increase in the prices of petroleum products, electricity tariff and personal income taxes would amount to collecting with the left hand what is given to workers with the right hand. The leadership of organized labour will resist such move."

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Minimum wage: Great news for Nigerian workers as labour, FG finally reach agreement on percentage increase

Legit.ng previously reported that an agreement was finally reached between the federal government and organised labour on Thursday, October 17, on the consequential adjustment in salaries of Nigerian workers as a result of the new N30,000 minimum wage.

Both teams reportedly finally shifted ground from earlier positions and agreed on certain percentages, following three days of intense negotiation.

Is N30,000 too much for FG to pay workers? - on Legit TV

Source: Legit

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