Organized Labour Demands a Minimum Wage of N100, 000 to Cope With Rising Inflation

Nigeria Labour Congress (NLC) says it will push for between N100,000 and N200,000 during the next negotiations as the new national minimum wage in the country.

NLC president, Comrade Joe Ajaero, gave this indication, during a television programme on Tuesday, hours after the Organized Labour, signed a deal with Federal Government, to suspend its planned strike for the next 30 days.

As part of the Monday night deal, N35,000 was added to the existing monthly minimum wage of N35,000, until the new national minimum wage would come into effect, likely early next year.

The deal also provided for the constitution of a negotiation committee for the new national minimum wage.

Ajaero explained that the N35,000 added to the monthly minimum wage, was not a national minimum wage, which has to be negotiated and passed into law by the national assembly.

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According to him, the additional N35,000 was a wage award to cushion the pains of the petrol subsidy withdrawal.

He said the labour would be demanding between N100,000  and N200,000 during the next national minimum wage negotiations, because the N65,000 the least paid workers would be collecting from this month, would be just N70,000.

According to him, the Organized Labour during the next wage negotiations would consider several factors, such as the level of inflation, costs of living among others.