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

TheTalk.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 wageThe federal government, led by Tinubu, will resume talks and negotiations with the NLC regarding the demands for the new minimum wage in mid-April.
Photo credit: Asiwaju Bola Ahmed Tinubu, HQ NLCSource: Facebook

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.

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

Ambali noted that the committee members are still collating and analyzing the reports received from the zonal public hearings.

The new minimum wage explained briefly

The committee had received the reports of zonal public hearings held across the six geo-political zones of the country between Wednesday, March 27, 2024 and Thursday, March 28, 2024.

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

During the public hearings, different zones had 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.

However, the demands of the NLC in six states in the northeast differ from those of the southwest states. In Lagos, the southwest states 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.”

When asked about the date fixed for the next meeting of the committee, he said:

“Mid-April.”

Why did Tinubu set up the tripartite committee?

Tinubu, through Vice President Kashim Shettima, on January 30, 2024, set up the 37-member panel.

With its membership cutting across federal and state governments, the private sector, and organised labour, the panel is to recommend a new national minimum wage for the country.

Tinubu directs govs to implement wage award

In another development, TheTalk.NG reported earlier that President Tinubu had directed state governors to start paying the wage awards to workers pending the determination of the new minimum wage.

Tinubu said the wage award would reduce the hardships the economy would cause for the people.

He stated this while speaking in Minna at the flag-off of the agricultural mechanization revolution for food security and the commissioning of the remodelled domestic terminal of the Bola Ahmed Tinubu International Airport in Minna, Niger state capital.

Tinubu implied that if the states had implemented the wage awards, it would provide much-needed relief without causing inflationary pressures.

Source: TheTalk.NG


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