The federal government committee has successfully negotiated consequential adjustments for the newly approved minimum wage of ₦70,000 for Nigerian workers, bringing relief to many amid ongoing economic challenges.
In a statement released today, the committee highlighted that a specific option for salary adjustments has been reached, ensuring a more equitable distribution of the wage increase across various sectors.
This agreement comes after extensive discussions aimed at addressing concerns raised by labor unions regarding the impact of inflation and rising living costs on workers’ livelihoods.
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NLC President Joe Ajaero expressed gratitude for the committee’s efforts but reiterated the need for comprehensive measures to mitigate the effects of fuel price hikes on Nigerian families.
“We feel betrayed by the recent increases, and we demand urgent action from the government to address our seven key concerns,” Ajaero stated.
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