Wabba reveals need for new minimum wage negotiation

Wabba reveals need for new minimum wage negotiation

- The President of the Nigeria Labour Congress (NLC), Ayuba Wabba, might demand for a new minimum wage

- Wabba explained that it is reasonable to demand for a new wage that can sustain the working class in Nigeria

- He said everybody is aware that the value of national currency has gone down

The President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has declared the need for a new minimum wage.

Wabba, said $140 was the equivalent of N18, 000 minimum wage during the former President Goodluck Jonathan led government.

He made this known at the 60th anniversary of the Nigeria Employers Consultative Association (NECA) that took place on Wednesday July 13.

READ ALSO: NAF locally reactivates Trainer UAVs, Dornier 228 aircraft

The president of the Nigeria labour congress also said that the move was crucial because N50, 400 is the current value of $140 and which is by the current exchange rate of 360 to one dollar, Guardian reports.

He said: “We think that it is only reasonable to demand a wage that can sustain the working class.

‘’We are aware that the value of our national currency has gone down. This is why it is appropriate to base our negotiation on that.”

PAY ATTENTION: Install our latest app for Android, read best news on Nigeria’s #1 news app

Meanwhile, NAIJ.com had reported that the Nigeria Labour Congress, on Sunday, May 30, begged the federal government to examine the negotiation committee on the national minimum wage.

Ayuba Wabba, NLC president, made this known in a statement he issued on Sunday, May 28, in Abuja, a day before the Democracy Day celebration that was held on Monday, May 29.

Watch this NAIJ.com TV Video a man saying he will steal if that is what the government wants for him:

Source: Naij.com

Related news
FG traces more foreign sources of IPOB funding, reveals next line of action

FG traces more foreign sources of IPOB funding, reveals next line of action

FG traces more foreign sources of IPOB funding, reveals next line of action
NAIJ.com
Mailfire view pixel