Tag
MINIMUM WAGE
The Governor of Lagos State, Babajide Sanwo-Olu, has said his administration has been paying an additional N35,000 wage allowance to workers in the state since the beginning of the year.
The National Association of Academic Technologists (NAAT) has proposed a minimum wage of N350,000 for workers in Nigeria.
The Nigeria Labour Congress (NLC) in the Northwest zone has proposed that the new National Minimum Wage should be N485,000 for workers across the nation.
The Federal Capital Territory (FCT) chapter of the Nigeria Labour Congress (NLC) has recommended a new minimum wage of N709,000 for Nigerian workers.
The House of Representatives has raised alarms over the insufficient minimum wage for workers in the nation, stating that a monthly salary below N100,000 is not livable for any worker in the country.
The president of the National Labour Congress (NLC), Joe Ajaero, has hinted that the new minimum wage proposal can reach as high as N1 million per month if inflation and other economic indicators continue to worsen in the country.
As President Bola Tinubu sets up a committee to decide a new minimum wage for Nigerian civil servants, it would seem worrisome that the country’s rising inflation, currently at 28.92%, is yet to be tamed.
The Federal Government has promised to fulfill the payment of N35,000 wage award, as well as address the...
The Nigerian Government has announced that a revised minimum wage will be implemented starting April 1, 2024.
Nigerians spend an average of $62 (N48,186) monthly for food expenses, placing the nation in the top spot in Africa for the highest food expenditure.
TUC called for the Minimum wage should be increased from the current N30,000 to N200,000 before the end of June 2023, with consequential adjustment on the cost of feeding allowance
PricewaterhouseCoopers International Limited suggests that the federal government should increase the minimum wage as a palliative response to the rise in fuel pump prices.