The Organised Labour has revealed that it is pushing for an annual increase to the 70,000 naira minimum wage paid to workers in Nigeria.
The president of the Trade Union Congress, TUC, FESTUS OSIFO said this in a programme monitored by INSPIRATION FM News, stressing that it is important that the minimum wage paid to workers reflect a rise in inflation every year.
According to him, members of the organisation, as well as their colleagues in the Nigeria Labour Congress, NLC, have begun talks in that regard.
It might interest you to know that in July 2024, after months of protracted talks, the Federal Government and labour unions reached a consensus figure of 70,000 naira minimum wage which was later approved by President BOLA TINUBU.
The increase came five years after the last review which was pegged at 30,000 naira.
However, with the astronomic rise in cost of living, attributed to a more than quadruple hike in energy costs and petrol subsidy removal, labour unions have argued that 70,000 naira cannot take any worker home and thus demanded a decent living wage.