The Nigeria Labour Congress (NLC) insists the proposed N615,000-naira minimum wage is realistic, dismissing claims that some states cannot pay such an amount if approved.
Recent reforms in Nigeria including the removal of fuel subsidy and the unification of the foreign exchange market have pushed the cost of living to newer levels. Inflation figures hit 33.2 per cent in March, further compounding a troubled economy.
Labour unions and the Federal Government have since been locked in negotiations over measures including a new minimum wage to cushion the impacts of the harsh economy. The NLC is proposing a N615,000-naira monthly salary for workers, a jump from the current N30,000 naira. Although many believe it is unrealistic, the labour union believes many states can pay it if they get their priorities right.
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