On Monday, the Federal Government announced plans to raise the N30,000 minimum wage in response to the global inflation crisis.
At a public presentation by the Nigeria Labour Congress in Abuja themed “Contemporary history of working-class struggle,” the minister of labour and employment, Dr Chris Ngige, made this revelation.
He claimed that the change had become crucial to reflect what was going on throughout the world.
According to him, the current minimum wage of N30,000 would not cover workers’ transportation costs for a month of employment in the current economic climate.
“The inflation is worldwide, we shall adjust the minimum wage in conformity with what is happening now. The 2019 Minimum Wage Act has a new clause for a review. The adjustment has started with the Academic Staff Union of University because the stage they are with their primary employers, Ministry of Education, is a collective bargaining agreement negotiations,” Ngige said.
“Under the principles of offer and acceptance, which is that of collective bargaining, ASUU can look at the offer they gave us and make a counter offer, but they have not done that. If they do that, we are bound to look at their offer. These are the ingredients of collective negotiations,” he added.
The minister went on to say that labour provided the riches of any nation as well as the prosperity of every family, adding, “If you don’t work, you won’t eat.”
However, he admonished the Nigeria Labour Congress branch union executives to become conversant with the country’s labour legislation.
He also revealed that preparations were being made to turn the Michael Imoudu Institute of Labour Studies in Ilorin, Kwara State, into a university.