Why we rejected president Tinubu’s offer to pay N250,000 Minimum Wage – NLC presiden

Posted by admin Today's Politics, Headlines Saturday, July 20th, 2024

By Oladipo Abiola

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, revealed on Thursday that President Bola Tinubu offered to increase the new minimum wage to N250,000, but it was rejected by labour.

According to Ajaero, Tinubu said he was ready to meet the N250,000 minimum wage demand if the government would be allowed to increase the price of petrol.

However, the NLC President said the organized labour, after consulting on the matter, rejected the proposal in order to save Nigerians from further hardship that may follow such a decision.

According to him, accepting the N70,000 offer was in the best interest of Nigerians.

“Accepting N70,000 was the best way to save Nigerians from further hardship,” Ajaero said on Channels Television’s Politics Today programme.

“At last week’s meeting, the President brought a proposal that ‘I will give you guys N250,000’ if you allow me to equally increase the pump price of petroleum products’ and we said, ‘No, we need to go and consult’

“Today, we went there to tell him, ‘No’. The labour movement can make sacrifices without allowing Nigerians to suffer further on the increase in the pump price of petroleum products.”

Recall the pump price of petrol jumped from N184 in May 2023 when Tinubu declared that “subsidy is gone” to about N700 at the moment, depending on the part of the country.

Naija News earlier reported that on Thursday, President Tinubu and the Organised Labour, agreed to N70,000 as the new minimum wage for Nigerian workers.

NAIJANEWS