The Minister of Labour and Employment, Dr Chris Ngige, has revealed that there are plans to increase the N30,000 minimum wage in light of inflation raving the world.
According to The PUNCH, he revealed this at the Nigeria Labour Congress public presentation titled, “Contemporary history of working-class struggle” in Abuja.
The Minister said the review is necessary because of the current global economic situation.
He said, “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, the Ministry of Education is collective bargaining agreement negotiations.
“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 stated, “If you don’t work, you won’t eat,” adding that labour provided the riches of any nation as well as the prosperity of every family.
He, however, advised the executives of affiliate unions of the Nigeria Labour Congress to familiarise themselves with labour laws.
Plans, he added, were being put in place to convert the Michael Imoudu Institute of Labour Studies, Ilorin, Kwara State, into a degree-awarding institute.
He said that in the current economic situation, the current minimum wage of N30,000 would not, in the present economic reality, pay workers’ transportation fares to work for a month.
