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NLC leaders endorse N70,000 new minimum wage offered by Tinubu

Leaders of Nigeria Labour Congress, NLC, have endorsed and accepted the N70,000 new national minimum wage offered by President Bola Tinubu to Organised Labour during Thursday’s meeting.
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Leaders of Nigeria Labour Congress, NLC, have endorsed and accepted the N70,000 new national minimum wage offered by President Bola Tinubu to Organised Labour during Thursday’s meeting.

At an emergency meeting National Executive Council, NEC, meeting yesterday, members also accepted the three-yearly tenure for its review.

In a communique by the President of NLC, Joe Ajaero, at the end of NEC meeting, informed that the emergency meeting was convened in response to the outcomes of the meeting with the federal government which held yesterday, the 18th of July, 2024 (Thursday ) at the Presidential Villa with the new National Minimum Wage in focus. The communique recalled that President Tinubu, presided over the meeting.

According to the communique, “The NEC-in-session after extensive deliberations, unanimously commended and applauded the doggedness of the leadership of the Congress on the courage and forthrightness with which they handled the National Minimum Wage fixing exercise.

The NEC-in-Session accepts the President’s offer of N70,000 (Seventy thousand Naira) as the new National Minimum Wage and the Three -yearly tenure for its review.

The NEC-in-Session demands full and strict compliance by all to the dictates of the National Minimum Wage 2024 when it becomes an Act.

“NEC-in-session concludes that this decision, though challenging and far from our initial demand, was made in the spirit of solidarity and sacrifice for Nigerian masses to avert a threatened further hike in the price of Petrol which would inflict more hardship on the already suffering masses.

“Once again, NEC-in-session restates the commitment of the NLC to continue to stand resolutely in its mission to defend and advance the rights of Nigerian workers and Nigerian people at all times. It therefore calls on all Nigerians to unite in this cause and to hold our leaders accountable to the same standards of sacrifice and service.”

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