Tinubu offered us N250,000 as minimum wage to allow him increase fuel price – Organized labour reveals why they accepted N70,000 as minimum wage

Tinubu offered us N250,000 as minimum wage to allow him increase fuel price – Organized labour reveals why they accepted N70,000 as minimum wage

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has revealed that the Organised Labour rejected President Bola Tinubu’s proposal to pa

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The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has revealed that the Organised Labour rejected President Bola Tinubu’s proposal to pay N250,000 minimum wage and increase petrol prices.

“Accepting N70,000 was the best way to save Nigerians from further hardship,” Ajaero said on Thursday, July 18, shortly after Labour met with the President in Abuja.

“At last week’s meeting, the President brought a proposal that ‘I will give you guys N250,000’ 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.”

Recall that President Tinubu on the same Thursday endorsed N70,000 as the new minimum wage for Nigerian workers, with a commitment to review the national minimum wage law every three years.

This decision followed a meeting between the leadership of the NLC and the Trade Union Congress, TUC, with the President at the Presidential Villa, Abuja.

Bayo Onanuga, the Special Adviser to President Tinubu on Information and Strategy, confirmed the development in a statement on X.

“President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years.

“President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.

“President Tinubu announced the decisions at the meeting held with leaders of TUC and NLC on Thursday in Abuja, the second time the parties met in 7 days,” the statement read.