By Ikugbadi Oluwasegun
Joe Ajaero, the President of the Nigeria Labour Congress (NLC) has stated that the Organised Labour declined President Bola Tinubu’s proposition to implement a ₦250,000 minimum wage and raise petrol prices.
He said, “Accepting ₦70,000 was the best way to save Nigerians from further hardship,”
“At last week’s meeting, the President brought a proposal that ‘I will give you guys ₦250,000’ if you allow me to equally increase the pump price of petroleum products’ and we said, ‘No, we need to go and consult’.
“Today, we went there to tell him, ‘No’. The labour movement can make sacrifices without allowing Nigerians to suffer further on the increase in the pump price of petroleum products. This is the reason we accept N70,000 because some state government can not pay the N30,000 minimum wage.
The good thing is that the minimum wage will be review every 3 years now.” He added