The Nigeria Labour Congress has detailed the steps taken to determine the N615,000 living wage.
The President of the NLC, Joe Ajaero, provided insights into the NLC’s rationale behind proposing a monthly minimum wage of N615,000.
This was posted on the Nigeria Labour Congress X handle on Friday, 3rd May, 2024.
It wrote, ”It has become imperative at this point that we inform Nigerians who may not have already known the foundations upon which our initial demand for a N615,000 (Six Hundred and Fifteen Thousand Naira) new National Minimum Wage is based upon.
A questionnaire was designed and sent to all the State Councils of NLC and TUC from where these questionnaires were sent to our members in all the Local government areas in the country to gather the monthly cost of living for the average family as described above.
Below is a summary of our findings and we hope that this will enable Nigerians understand what propels our demand so that better clarity is made to create better engagement around the ongoing National Minimum Wage negotiation process.
A cursory look at the table above shows that we have deliberately removed certain elements from the Basket used in calculations of this nature.
However, it should also be noted that we have not included things like expenditure on calls and data, offerings in churches and Mosques, community dues, entertainment, savings and Security etc.
These are therefore just for the bare necessities. It should be noted that we arrived at this figure before the increase in electricity tariff and the recent scarcity of Petrol across the nation leading to the appearance of long queues with attendant increased transport fares.
Any figure below this amount becomes a starvation wage and condemns Nigerian workers and their families to perpetual poverty.
We have to remember that the old one having expired on the 18th day of April, 2024, a new one is expected to have come into effect on the 19th day of April, 2024.
However, because of government’s inability to comply with the Law that demanded for negotiations for a new national minimum wage to have begun 6 (six) months before the expiration of the existing one, concluding the new one has become unfortunately delayed.
Housing/Accommodation 40,000
Electricity/Power 20,000
Utility Water 10,000
Kerosene/Gas 35,000
Food 9,000 Х 30 = 270,000
Medical 50,000
Clothing 20,000
Education 50,000
Sanitation 10,000
Transportation 110,000
TOTAL 615,000
