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NLC
On Monday, June 3, 2024, the Nigerian Labour Congress (NLC) will be embarking on a Nationwide strike.
Nigeria's President, Bola Tinubu has committed to a National Minimum wage that is higher than N60,000 for Nigerian workers.
Nigerian lawyers are divided over the Nigeria Labour Congress (NLC)'s ongoing strike action regarding its proposed N494,000 minimum wage demand, with some saying it aligns with relevant laws and others faulting the action.
Workers of the Transmission Company of Nigeria (TCN) have shut down the national grid as the Nigerian Labour Congress strike action kicks off on Monday.
Why NLC, TUC is embarking on nationwide strike today
The Minister of Information and National Orientation, Mohammed Idris, has said that the federal government cannot sustain paying organized labour the N494,000 minimum wage they are demanding for Nigerian workers.
The Director-General of Nigeria’s Employers’ Consultative Association (NECA) Mr Adewale-Smatt Oyerinde has said that between 2022-2023, organised businesses lost over one trillion naira cumulatively.
The President of the Manufacturing Association of Nigeria (MAN), Mr. Ajayi Kadri, has confirmed that the organized private sector concurred with the federal government that the new minimum wage should be N60,000.
Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have announced a nationwide strike set to commence on Monday, June 3rd, 2024.
The Nigeria Employers’ Consultative Association (NECA) says the private sector can't meet the Nigerian Labour Congress (NLC)’s N500,000 minimum wage demand this year or any time soon in light of Nigeria’s economic problems.
Managing Director of Financial Derivatives Company (FDC), Mr. Bismarck Rewane has advised the Nigerian Labour Congress (NLC) against linking wage demands to the dollar exchange rate.
The federal government, organised labour (Trade Union Congress TUC and Nigeria Labour Congress, NLC) and the private sector have proposed three different minimum wage for employees during ongoing minimum wage negotiations.