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Home Business News Business

Our demand of 250,000 minimum wage remains unchanged, says Ajaero after meeting with President Tinubu

Cyrus Ademola by Cyrus Ademola
July 11, 2024
in Business, Business News
NLC, Minimum wage
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The President of the National Labour Congress (NLC), Joe Ajaero, has reaffirmed the position of the organized labour of N250,000 minimum wage demand following a meeting with President Bola Tinubu.

Ajaero, who spoke to newsmen following a close-door meeting between the president and members of the organized labour, said the status quo has not changed when it comes to their demand for a new minimum wage.

He further hinted at a subsequent meeting with the president in the nearest future, adding that negotiation is still ongoing.

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“We did not go into the naira and kobo with the president. The status quo in terms of the amount N250,000 and N62,000 remains until we finish this conversation,” Ajaero told newsmen at the State House in Abuja.

On his part, the president of the Trade Union Congress (TUC), Festus Usifo said their objective is to dialogue with the president himself on the issue of the minimum wage, rather than his representatives.

He explained that having had several conversations with the president’s ‘agents’, it is necessary to communicate directly to the president himself as the bulk stops on his table.

In addition, Usifo emphasized that the organized labour agreed to meet with the Commander-in Chief of the nation in the next one week for further dialogue.

“We try to meet with Mr. President because he is the president of the country and the bulk stops at his table. We’ve had all the conversation with all his agents, but today, we said that let’s meet with the father of the nation.

“We also made the argument labour would normally make. We made the economic analysis both on the fiscal and monetary side. We put all the issues forward.

“At the end, the president also made his remark and we all agreed to continue the conversation next week,” Usifo said.

What you should know

Leaders of organised labour met with President Bola Tinubu on Thursday, July 11, at the presidential villa over the proposal of a new minimum wage.

The representatives of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) arrived in a white Toyota Hiace Bus at 2pm and were led straight into the president’s office.

Following their arrival, both parties had an hour-long meeting over the new minimum wage.

The meeting was later adjourned till next week, with the president of NLC, Joe Ajaero insisting that the status quo of N250,000 minimum wage demand remains unchanged.


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Tags: Festus UsifoJoe Ajaerominimum wageNational Labour CongressPresident Bola Tinubu
Cyrus Ademola

Cyrus Ademola

  • Cyrus Ademola is an energy and economy analyst with over half a decade experience in journalism, research-based oped, economic reportage and energy analysis. His works have been featured on different media outlets, covering from oil and gas to business trends.

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