Organized Labour, represented by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), has unveiled the specifics of its proposed minimum wage of N615,000.
In a statement released by the NLC on Friday, the breakdown indicates that the largest portions of the proposed minimum wage are allocated to Food and Transportation.
Outlined in the breakdown are allocations of N270,000 for Food (for thirty days) and N110,000 for Transportation. Other allocations include Electricity/Power (N20,000), Accommodation (N40,000), Utility Water (N10,000), Kerosene/Gas (N35,000), Clothing (N20,000), Education (N50,000), Sanitation (N10,000), and Medicals (N50,000), totaling N615,000.
Previously, Festus Osifo, President of TUC, and Joe Ajaero, President of NLC, had separately announced the proposed N615,000 minimum wage.
In a May Day address to workers, President Bola Tinubu indicated an impending upward review of the minimum wage.
This announcement comes amid Nigerian workers facing challenges of high living costs due to escalating inflation, which reached 33.20 per cent in March 2024.
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