President Bola Tinubu has recently addressed Nigerian workers and provided reassurance that a new minimum wage will soon be implemented to alleviate the challenges caused by the removal of fuel subsidy.
The speech was given at the May Day Commemoration in Abuja, and Vice-President Kashim Shettima represented President Tinubu.
President Tinubu emphasized that a living wage is crucial for workers to fulfill their duties to the government. Although the 37-member tripartite committee was unable to reach a consensus on the new minimum wage at their last meeting, the president called for cooperation and harmony between the government and organized labor.
He urged labor unions to work together with the government to foster national development. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had previously called on the Tinubu administration to hasten the upward review of wage awards.
These calls come as organized labor demands a new minimum wage of N615,000 to enable workers to cope with the many economic realities and high cost of living in Nigeria.
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