Tinubu to Labour Leaders: Be Realistic In Your Demand For A New Minimum Wage

 “Why must we adjust wages every five years? Why not two? Why not three years? What is a problem today, can be eased up tomorrow. There is much dynamism to this process if we are not myopic in our approaches. We can take a surgical approach that is based on pragmatism and a deep understanding of all factors.”

In his remarks, the NLC President, emphasized the need for an upward adjustment to the minimum wage, noting: “Between living wage and minimum wage, we need to find a balance. Things are difficult for the Nigerian worker.”

 He congratulated the president on the judgement of the Supreme Court affirming the constitutional rights of local governments as regards financial autonomy and other salient principles.

“I have to congratulate you on the issue of local government autonomy. We have been in the streets protesting for local government autonomy. Now that there is light at the end of the tunnel, it will amount to ungratefulness if we fail to commend you,” the NLC President said.

The TUC President, Comrade Osifo, said inflation has adversely affected the value of the naira and that the measures initiated by the government to address the rising cost of food and transportation need to kick in to give citizens relief.