NLC: Accepting ₦70,000 Minimum Wage Is In The Best Interest Of Nigerians

From Abdul Sule (Abuja)

The President of the Nigeria Labour Congress (NLC) Joe Ajaero has stated that the Organised Labour declined President Bola Tinubu's proposition to implement a ₦250,000 minimum wage and raise petrol prices.

Arising from a meeting with president Bola Tinubu, the NLC president said accepting the ₦70,000 minimum wage proposed by the president was in the interest of Nigerians.

According to him, “At last week’s meeting, the President brought a proposal that he will give you ₦250,000 if you allow me to equally increase the pump price of petroleum products and we said, ‘No. We told him we need to consult our people and get back to him.

“Today, we went there to tell him our final agreement which is  ‘No’. The labour movement can make sacrifices without allowing Nigerians to suffer further on the increase in the pump price of petroleum products.”

He further stressed that accepting the government's ₦250,000 minimum wage proposal would have added more pains and woes to Nigerians