Obasempire reports that leaders of organized labor, including the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), have confirmed their acceptance of the N70,000 minimum wage proposed by the Bola Tinubu-led Federal Government.
Following a key meeting at the Presidential Villa in Abuja, Comrade Joe Ajaero, President of the NLC, announced the unions’ agreement to the proposal.
Joined by Comrade Festus Usifo, President of the TUC, and other worker representatives, Ajaero explained that the unions consented to the offer because of the added incentives.
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A major factor in their decision was the President’s commitment to reviewing the minimum wage every three years, unlike previous arrangements.
Although the labor leaders initially sought a minimum wage of at least N250,000, the agreed sum, along with the promise of regular reviews, led the unions to accept the N70,000 offer.
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