In light of the global inflationary crisis, the Federal Government said on Monday that it intends to raise the N30,000 minimum wage.
This information was disclosed by Dr. Chris Ngige, Minister of Labour and Employment, at the Nigeria Labour Congress’ public presentation on “Contemporary history of working-class struggle” in Abuja.
He claimed that in order to represent what was happening globally, the adjustment had become crucial.
“The inflation is worldwide, we shall adjust the minimum wage in conformity with what is happening now. The 2019 Minimum Wage Act has a new clause for a review. The adjustment has started with the Academic Staff Union of University because the stage they are with their primary employers, Ministry of Education, is a collective bargaining agreement negotiations.
“Under the principles of offer and acceptance, which is that of collective bargaining, ASUU can look at the offer they gave us and make a counter offer, but they have not done that. If they do that, we are bound to look at their offer. These are the ingredients of collective negotiations.”
He added, “If you don’t work, you won’t eat,” adding that labour provides the riches of any nation as well as the prosperity of every family.
However, he gave the Nigeria Labour Congress branch union executives advice to become conversant with labour legislation.
He further stated that preparations were being made to turn the Michael Imoudu Institute of Labour Studies in Ilorin, Kwara State, into a college that grants degrees.
According to him, the current minimum wage of N30,000 would not cover workers’ transportation costs for a month of employment in the current economic climate.