The Nigeria Labour Congress, NLC, has proposed N485,000 as the new minimum wage for workers.
The proposal is contained in a position paper presented on Thursday, March 7, 2024, at the North West Public hearing on the Tripartite Committee on National Minimum Wage help at the Coronation Hall, Government House, Kano.
The presentation was made by the Kano State Chairman of the Nigeria Labour Congress, Kabir Inuwa, on behalf of the North West Leadership of the Congress.
He said the proposed minimum wage of N485,000 was necessary considering the dynamics of the national economy.
“It is imperative to propose a new minimum wage that reflects the cost of living and ensures a decent standard of living for workers.
“The proposed new minimum wage per month should be determined through a comprehensive assessment of the current economic conditions, inflation rates, and the basic needs of workers and their families.
“The congress is of the opinion that for any minimum wage to achieve its purpose it must reflect the realities of the economic situation and accordingly asses the least income that would be sufficient for the survival of a family of six,” Inuwa said.
According to him, the estimated Monthly Expenditure per Household (comprising father, mother and four children).
The NLC Boss noted that the Minimum Wage Act has given all the protection required to ensure compliance.
