Organized labor groups in Nigeria, specifically the Nigerian Labour Congress and Trade Union Congress, are requesting a new minimum wage of N615,000 for workers in the country.
According to Sunday PUNCH, a source within the labor unions, who preferred to remain anonymous, said that this proposed wage increase was determined after discussions between the NLC and TUC.
This source, who was part of a government subcommittee working on establishing a new minimum wage, mentioned that the wage could potentially rise further due to the recent increase in electricity tariffs.
Speaking with one of our correspondents on Saturday, the source said, “We (NLC and TUC) have given our figures to the government (on the minimum wage), and it is N615,000. That is the position of the NLC and TUC on the matter. The government has been informed as well.”
President Bola Tinubu, represented by Vice President Kashim Shettima, established a 37-member panel on January 30 at the Council Chamber of the State House in Abuja.
The panel includes members from the federal and state governments, private sector, and organized labor, and their main goal is to propose a new national minimum wage.
During the panel’s first meeting, Shettima encouraged members to quickly reach a decision and submit their reports promptly, as the current minimum wage of N30,000 will expire at the end of March 2024.