Tinubu’s Govt to Pay N794,000 As New Minimum Wage? NLC Gives Update

Tinubu’s Govt to Pay N794,000 As New Minimum Wage? NLC Gives Update

  • There is a fresh update regarding the improvement of the workers' welfare under Bola Tinubu's government
  • Tinubu's government is expected to announce the new minimum wage for Nigerian workers, meant to cushion the effect of subsidy removal
  • In a recent interview, NLC's national treasurer, Hakeem Ambali, opened up on government plans and meetings on the development

Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.

State House, Abuja - The 37-member tripartite committee on minimum wage set up by President Bola Ahmed Tinubu's led federal government will reconvene mid-April.

President Tinubu to resume talks with NLC over new minimum wage
Tinubu's government will resume talks and negotiations with the NLC regarding the new minimum wage. Photo credit: Asiwaju Bola Ahmed Tinubu, HQ NLC
Source: Facebook

The purpose of the April meeting is to continue further negotiations and consultations on the new minimum wage expected to be announced by President Tinubu on May 1, 2024.

Read also

PDP Chair: Saraki, Suswam to Succeed Ayu? Top-gear Consultations Begin

Speaking with The Punch on Sunday, March 31, in Abuja, the national treasurer of the Nigeria Labour Congress (NLC), Hakeem Ambali, who is also a member of the tripartite committee, confirmed this development.

PAY ATTENTION: Share your outstanding story with our editors! Please reach us through info@corp.legit.ng!

According to Ambali, the committee members are still collating and analyzing the reports received from the zonal public hearings.

The new minimum wage explained

The minimum wage to be unveiled is expected to cushion the effects of the removal of subsidy on Premium Motor Spirit, Daily Nigerian reported.

During the public hearings held across the six geo-political zones of the country between Wednesday, March 27, and Thursday, March 28, different zones suggested different amounts for minimum wage.

But Joe Ajaero, the president of the NLC, had called for a market survey before the workers would reach a consensus on the new minimum wage.

Read also

BREAKING: Tinubu to depart Nigeria again, details emerge

However, the demands of the NLC in six states in the northeast differ from those of the southwest states. In Lagos, the southwest chapter asked for N794,000 as the new minimum wage.

Speaking on the outcome of the recently held meeting, Ambali simply said:

“We have been compiling and analysing zonal reports. The date fixed for the next meeting of the FG's committee is Mid-April.”

Meanwhile, President Tinubu, through Vice President Kashim Shettima, on January 30, 2024, set up the 37-member panel, to recommend a new national minimum wage for the country.

How will N794k minimum wage be paid?

Legit.ng earlier reported that Shehu Sani, a former federal lawmaker, questioned the possibility of fulfilling the payment of a N794,000 minimum wage in Nigeria.

Via a tweet on his verified page on Friday, March 8, Sani pointed out that even with N30,000 minimum wage, “many states are still struggling to pay salaries”.

Read also

FG agreed on N155,000 minimum wage with labour unions in Nigeria? Fact emerges

The Peoples Democratic Party (PDP) member said how the "N700,000 minimum wage" proposed by the NLC will be paid should be debated.

Source: Legit.ng

Online view pixel