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Labour insists on N615,000 minimum wage demand

Lawal Abimbola Quadri by Lawal Abimbola Quadri
May 19, 2024
in Business, Development, National, News
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Labour insists on N615,000 minimum wage demand
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The Organised Labour, represented by the Nigeria Labour Congress and Trade Union Congress, on Sunday stated its refusal to accept the N48,000 minimum wage proposal put forth by the Federal Government.

The President of NLC Joe Ajaero said, “Living wage is such that it will, at least, keep you alive. It is not a wage that will make you poorer and poorer. It is not a wage that will make you borrow to go to work. It is not a wage that will lead you to be in the hospital every day because of malnutrition. For that living wage, we have tried to look at N615,000.

“Let me give you a breakdown of how we arrived at that figure. We have housing and accommodation of N40,000. We asked for electricity of N20,000 — of course, that was before the current tariff increase. Nobody can spend this amount currently. We have a utility that is about N10,000. We looked at kerosene and gas, that is about N25,000 to N35,000.

“We looked at food for a family of six. That is about N9,000 in a day. For 30 days, that is about N270,000. Look at health. With the N50,000 provided, there will be no surgery or whatever. For clothing, we looked at N20,000. For education, N50,000. I don’t know about those who tried to put their children in private schools, they will not be able to cope with this amount. We also have sanitation of N10,000.

“I think where we have another bulk of the money is transportation. This is because the workers stay on the fringes and because of the cost of petrol, which amounted to N110,000. That brought the whole living wage to N615,000, and I want anyone to subject this to further investigation and find out whether there will be any savings when you pay somebody at this rate.”

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