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NLC proposes N56 000 as new minimum wage

28 April 2016, 21:53

Lagos - The Nigerian Labour Congress is seeking the approval of a new minimum wage and has proposed N65 000 to the Federal Government, reports Punch

The President of the NLC, Ayuba Wabba, said this while speaking with journalists in Abuja on Wednesday.

Wabba said that while it was a fact that the economy was in a bad shape, the law made it clear that a review of the minimum wage was overdue, and that they had made a proposal to the government on Tuesday.

Also read:Groups call for the increase of minimum wage to N52 000

When asked if the N56 000 minimum wage was reasonable in view of the inability of various employers to pay  the present  N18 000 minimum wage, he explained that the minimum wage was designed to ensure that workers were not made to earn below what should sustain them.

He stressed that the government was expected to make it a matter of policy to review the minimum wage every five years, and  argued that the current minimum wage of N18 000 was negotiated when the naira was exchanging N100 to $1.

Read more at Punch

- News24

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