- President Tinubu had approved a N70,000 minimum wage for Nigerian workers
- He had also promised to review the national minimum wage law every three years.
The leaders of the organized labour unions have officially confirmed their acceptance of the N70,000 minimum wage approved by President Bola Tinubu for Nigerian workers.
This confirmation came after a meeting between the labour leaders and President Tinubu at the Presidential Villa in Abuja on Thursday, where the President announced the offer.
In a briefing with reporters after the meeting, Comrade Joe Ajaero, President of the Nigeria Labour Congress (NLC), revealed that the unions accepted the offer due to the additional incentives that came with it.
Ajaero was joined by Comrade Festus Usifo, President of the Trade Union Congress (TUC), and other representatives of Nigerian workers who attended the meeting.
According to Ajaero, the unions agreed to the offer because of the extra benefits that were attached to it, which made it a more attractive package for Nigerian workers.
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.
Over the past few months, labour unions, federal and state governments, and the private sector have been deliberating on a new minimum wage.
The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) proposed N494,000 as the new minimum wage, citing inflation and the prevailing economic hardship in the country, while rejecting the federal government’s proposed N60,000 offer.
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