NLC Calls for Yearly Review of National Minimum Wage, Instead Of Current Five-Year Period

The Nigeria Labour Congress (NLC) has proposed a review of the national minimum wage every year to cope with the inflation trend and the value of the naira.

The NLC president, Joe Ajaero, made the call at the national labor adjudication and arbitration forum, organized by the national employer’s consultative association.

Ajaero asked the federal government to rethink the present five-year cycle of national minimum wage review, adding that it was not favorable to the workers.

According to him, it was wrong for salaries to stagnate for five years while other valuables were changing.

Already, the federal government has set up a tripartite of government, labor, and the private sector to negotiate the new national minimum wage.

The NLC president said the organized labor was not happy with the implementation of the N35,000 wage award and agreed to cushion the harsh effects of petrol subsidy removal.

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Mrs Nkeiruka Onyejeocha, Minister of State for Labour and Employment, commended NECA for collaborating with the National Industrial Court of Nigeria (NICN) to organize the forum.

She said the forum would foster dialogue among stakeholders and promote peaceful industrial relations.

Sen. Dike Plang, Chairman, of the Senate Committee on Employment, Labour, and Productivity said the event was apt and critical to the sustainable industrial relations in Nigeria.

The lawmaker assured that the national assembly would ensure a comprehensive review and amendment of existing labour laws to conform to international labour standards.

He also commended President Bola Tinubu for constituting the tripartite committee on the review of minimum wage for workers.