HomePoliticsJUST IN: Real Reasons Why Labour Accepted N70,000 As Minimum Wage

JUST IN: Real Reasons Why Labour Accepted N70,000 As Minimum Wage

The President of the Nigeria Labour Congress, (NLC), Joe Ajaero, has disclosed that the Labour accepted N70,000 minimum wage in order for President Bola Tinubu not to increase petrol prices.

DECENCY GLOBAL NEWS reports that Tinubu, in a meeting with labour leaders on Thursday at the Presidential Villa, agreed to pay N70,000 as the new national minimum wage for workers.

While answering questions on Channels Television’s Politics Today programme on Thursday, shortly after Labour met with the President in Abuja, Ajaero said the labour movement can make sacrifices without allowing Nigerians to suffer further on the increase in the petrol pump price.

“Accepting N70,000 was the best way to save Nigerians from further hardship,” he said.

“At last week’s meeting, the President brought a proposal that ‘I will give you guys ₦250,000’ 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.”

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