HomeLocal NewsWe’ll raise minimum wage to meet current realities - FG

We’ll raise minimum wage to meet current realities – FG

Date:

Related stories

We’ve not been served copy of Ganduje’s suspension order – APC

Prof. Abdulkarim Kana, the National Legal Adviser of the...

Wike warns Satellite Towns Coordinator

The Minister of the Federal Capital Territory (FCT), Mr...

Stop cursing Nigeria  – Sanwo-Olu tells Nigerians

Gov. Babajide Sanwo-Olu of Lagos State has called on...

Court grants Emefiele N50m bail

An Ikeja Special Offences Court on Friday admitted the...

ASUU rejects advert for Danfodio varsity VC, others’  position

The Academic Staff Union of Nigerian Universities (ASUU), Usmanu...

The federal government says it will raise workers’ base salaries to meet the current realities in the economy of the country.

Chris Ngige, minister of labour and employment, said this at the public presentation of the NLC of 40 publications titled, ‘contemporary history of working-class struggles’ held in Abuja on Monday.

The N30,000 minimum wage was initiated in 2019, however, after three years, some states are yet to implement.

Ngige said the federal government was aware that the N30,000 national minimum wage had depreciated.

He, therefore, said the government will look into adjusting the wages.

“Yes the inflation has increased worldwide and it is not confined to Nigeria, that is why in many jurisdictions, it is an adjustment of wages right now.

“As the Nigerian government, we shall adjust in conformity with what is happening in wages.

“More importantly, the 2019 national minimum wage act, right now has a clause for the review, which we started then, I do not know whether it is due next year or 2024.

“But before then, the adjustment of wages will reflect what is happening in the economy, just as the government has started the adjustment with the Academic Staff Union of Universities (ASUU).”

On his part, Festus Osifo, president, Trade Union Congress (TUC), said workers have been dominated and oppressed by the ruling class.

Osifo also said the N30,000 minimum wage was no longer feasible in the current economic circumstances, adding that workers’ transportation fare to work for a month is in excess of their take home pay.

“The value of the N30, 000 minimum wage has been eroded. It cannot take workers to work again,” he said.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here

X whatsapp