Bola Tinubu announced on Wednesday that Nigeria will only pay its workers the new minimum wage that the country can afford.
At the 25th Democracy Day Anniversary Dinner held at the State House Conference Centre, Tinubu made this statement. He asked that his memo be expected by the National Assembly.
Speaking on behalf of Senate President Godswill Akpabio regarding the national minimum wage, Tinubu stated that while the government would comply with legal requirements, it would also only pay what it could afford.
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He said: “Senate President, Deputy Senate President, you’ll get a notice from me if I’ve changed my mind on minimum wage. We’re going to do what Nigeria can afford, what you can afford, what I can afford. They ask you to cut your coat according to your size.”
However, the trade union stated in a statement released by the NLC that it had anticipated Tinubu would have reconciled the two suggestions and declared a suitable minimum wage for Nigerian labourers.
“We attentively listened to the Democracy Day Presidential address delivered by President Tinubu, especially concerning the ongoing National Minimum Wage negotiations. While the President may have accurately recounted parts of our democratic journey’s history, it is evident that he has been misinformed regarding the outcome of the wage negotiation process.
“The NLC would have expected that the advisers of the President would have told him that we neither reached any agreement with the federal government and the employers on the base figure for a National Minimum Wage nor on its other components.
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“Our demand still remains N250,000 only and we have not been given any compelling reasons to change this position which we consider a great concession by Nigerian workers during the tripartite negotiation process.
“We are therefore surprised at the submission of Mr. President over a supposed agreement,” it stated.
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