NLC demands N794,000 as minimum wage for south-west workers

The committee is tasked with the responsibility of
recommending a new national minimum wage for Nigerian workers.

The committee, comprising representatives of the federal and
state governments, private sector and organised labour, is chaired by Bukar
Goni Aji, former head of service of the federation.

Speaking during an interview on Arise Television in
February, Joe Ajaero, NLC president, said the new minimum wage for workers
should be N1 million.

The NLC president said the demand is a reflection of
galloping inflation in the country and the depreciation of the naira.

“This N1 million may be relevant if the value of the
Nigerian (naira) continues to depreciate and if the inflation is not checked
because the demand of labour is equally dependent on what is happening in the
society,” Ajaero said.

“You will remember that by the time we were contemplating
N200,000, the exchange rate was about N800/N900. As we talk today, the exchange
rate is about N1,400 or even more.”