Organised labour has explained that it agreed to Bola Tinubu’s N70,000 new national minimum wage increase because wage review will now be every three years, not five years.
The president of Nigeria Labour Congress, NLC, Joe Ajaero and his counterpart in the Trade Union Congress, TUC, Festus Osifo disclosed after a meeting with President Tinubu on Thursday.
The NLC President, Joe Ajaero said: “What has been announced in terms of the amount of N70,000 happened to be where we are now. But the cool thing about it is that we will not wait for another five years to come on review.
Rather than settling on a figure that we wait for five years, it’s like we’ll have to now negotiate even two times within five years.
READ ALSO : Bola Tinubu Approves New Minimum wage for Nigerian workers
“That is one of the reasons why we decided to reach where we are today. Because of the proviso that we can review in the next three years.”
On his part, Osifo said: “The President (Tinubu) made a pronouncement or announcement of N70,000. By next week, he should put the finishing touches to the bill and the transmission to the National Assembly.
But why this became a catch is because we, from organised labour, have been pushing that the issue of a five years review is a long time, that a lot of economic indices may have changed because we are in an era where things are moving very fast in terms of both macro and micro economic policies.”.
Watch video below of NLC and TUC members singing praises of Tinubu with 3 Gbosaaa chants…. 😂
Video :https://x.com/jk_cyno/status/1814022078510899385?t=gLZB4dkieh8pCgI9iAAIMg&s=19
Haahahahaaaaa…. Wait, because Tinubu gave them a promise in the next 3years which would be during General elections…. How did that solve the immediate problems that even made them Embark on strike?… All other listed demands from the NLC and TUC suddenly disappeared?…. So, it was for 70k that made NLC shut down the national grid?
Why were they making outrageous demands of 250k gaskia ni?
Hahahahahaaa….. Nonsense and ingredients…… Dollar to Naira will still rise as business men would still increase their prices….