Nigeria Labour Congress insists State Governments can afford N615, 000 Minimum Wage
The Nigeria Labour Congress (NLC) has insisted that its proposed N615,000 minimum wage was realistic; contrary to the belief in some quarters – that some states could not afford it
Speaking during an interactive session with Newsmen on Thursday, NLC President, Joe Ajaero said most of the states that have shown a willingness to pay are not among those that receive the highest allocation from the Federal Government.
He described the recent increment in the salaries of some workers by the Federal Government as “mischievous”.
Recent reforms in Nigeria including the removal of fuel subsidy and the unification of the foreign exchange market have pushed the cost of living to unprecedented levels.
Inflation figures hit 33.2 per cent in March, further compounding a troubled economy.
Labour unions and the Federal Government have since been locked in negotiations over measures including a new minimum wage to cushion the impacts of the harsh economy