Senator Orji Uzor Kalu has proposed a new minimum wage of N90,000 for workers in Nigeria, aiming to address the ongoing dispute between the Federal Government and Organized Labour.
During Tuesday’s Senate plenary, discussions focused on the nationwide strike organized by the Nigerian Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC), who are advocating for a significant increase from the current N30,000 minimum wage.
Kalu suggested, “Let the entire Senate see how we can persuade both the Labour and the Federal government to agree between N75,000 to N90,000 naira. If you go by 90,000 naira, it means in the last five years in which this law (N30,000) was made, it means if you divide 200 percent of N90,000 by 5 it will give you 40 and the food inflation, the purchasing parity and other things you have in the market it’s also around 32 to 33%, so Labour should be very happy with what we are doing.”
The proposal aims to bridge the gap between the government’s position and the demands of labour unions, taking into account inflation and the rising cost of living.
