Minimum Wage: Labour Rejects Tinubu's ₦250k Offer, Reason Emerges

~ President Bola Tinubu's proposal to pay ₦250,000 minimum wage to Nigeria workers was reportedly rejected by the labour leaders

~ Joe Ajaero, the president of the NLC, disclosed that the labor union rejected the proposal because it required an increase in petrol prices

~ Ajaero disclosed that the proposal was made during the union's meeting with Tinubu, adding that the union rejected it in the interest of Nigerians

The Nigeria Labour Congress (NLC) rejected President Bola Tinubu's proposal to pay a minimum wage of ₦250,000 because it was conditional on increasing petrol prices.

According to NLC president Joe Ajaero, the proposal was made during a meeting with the president in Abuja. Ajaero stated that the organised labour turned down the offer, and prioritised the welfare of Nigerians.

Why we accepted ₦70,000 minimum wage - labour

While speaking on Channels TV's Politics Today on Thursday, July 18, Ajaero explained that accepting the ₦70,000 minimum wage was a compromise to avoid further hardship for Nigerians.

He emphasised that the labour movement is willing to make sacrifices, but not at the expense of Nigerians.

The price of petrol has skyrocketed from ₦184 in May 2023 to around ₦700 currently, depending on the location. This significant increase followed Tinubu's decision to end petrol subsidy.



How Tinubu removed fuel subsidy

On May 29, during his inauguration, Tinubu announced an end to the era of fuel subsidies. The development led to fuel scarcity in the country and a subsequent hike in the price of the commodity.

Despite the hike, the organized labour agreed to a ₦70,000 minimum wage for Nigerian workers. According to Ajaero, this decision was made in consideration of the new wage review cycle, which will now occur every three years instead of five.

President Tinubu is expected to send an executive bill to the National Assembly to formalise the agreed-upon minimum wage, which will then be legislated into law.

The development aims to provide a more regular and sustainable approach to wage reviews in the country.

See the video of the interview here:

https://www.youtube.com/watch?v=uxdis-N5v6U



NLC hails Tinubu with aluta song

Legit.ng earlier reported that the NLC and TUC leaders were seen in a trending video hailing

Tinubu at the end of their minimum wage meeting at the presidential villa in Abuja on Thursday, July 18. Tinubu had pegged the minimum wage at N70,000 after months of negotiations between the government, labour, and the organised private sector.

The president also promised the workers other incentives, including the review of the minimum wage every three years.

https://www.legit.ng/nigeria/1603062-minimum-wage-labour-rejects-tinubus-offer-reason-emerges/

Only a fool cannot see ajaero inside baba's agbada.

Labour Leader Give Reasons For Rejecting Tinubu's N250k Offer As Minimum Wage


https://www.youtube.com/watch?v=w8XfvmGrKGI

Lol

In other words, the remaining N180k went into fuel subsidy

Afonjah:
In other words, the remaining N180k went into fuel subsidy

You go think tire

So these people see us as goats or what!

At the end of the day, reality is reality!

Some states in Nigeria are yet to be paying 30k minimum wage - how dem wan take pay 250k minimum wage?

They did the right thing..

sketching:
Minimum Wage: Labour Rejects Tinubu's ₦250k Offer, Reason Emerges
~ President Bola Tinubu's proposal to pay ₦250,000 minimum wage to Nigeria workers was reportedly rejected by the labour leaders
~ Joe Ajaero, the president of the NLC, disclosed that the labor union rejected the proposal because it required an increase in petrol prices
~ Ajaero disclosed that the proposal was made during the union's meeting with Tinubu, adding that the union rejected it in the interest of Nigerians

NIgerians, for how long will you continue to allow the politicians you "elected" into office to threat you like fools for crying out loud!

Imagine this one saying absolutely nothing at all but thinking he has said something tangible. No be brain-damage be this? Check his bank account and that of his family members to find out what happened at that table yesterday.

COMRADES, I am beginning to lose confidence in this Ajuro

Ajaero, Nigerians know you made the right decision.