The Organised Labour makes ultimate need for ₦615,000 from the Federal Government of Nigeria as the new minimum wage for workers, following the hardship in the country.
An executive of the organized labour, requesting secrecy as he lacked authorization to speak on the issue, disclosed that the consensus on the new monthly wage of ₦615,000 was reached through consultations facilitated by the NLC and TUC.
The source said, “We (NLC and TUC) have given our figures to the government (on the minimum wage), and it is ₦615,000. That is the position of the NLC and TUC on the matter. The government has been informed as well.”
Mr. Joe Ajaero, The President of the Nigeria Labour Congress (NLC) stated that rising inflation in the country might push organised labour to demand ₦1 million as the minimum wage in an interview.
As a result, various controversies emerged, with experts expressing doubts about the feasibility or long-term viability of the proposed wage.
Another labour leader emphasized that the NLC and TUC had tentatively agreed on setting the new wage at ₦615,000 in an interview conducted by a correspondent.
When questioned about whether the May 1st deadline was still feasible, the labour leader said, “What I want you to know is that we are doing our best. Both the TUC and NLC have synchronised, and they have sent their position to the government.
“We are in the process. Be assured that once anything happens, I will, as usual, inform you. That is all I can tell you for now because we have not met, even though we have submitted our unified positions to the Federal Government. We will be speaking with one voice.
“But, let me also hint to you that with the removal of the electricity tariff subsidy, we are going to have another round of serious conversations with the government.
“Mind you, the tariff increase is also very good for us, because they (the government) did it when the new minimum wage process had not been concluded. So, it is going to be a good ground for us to ask for more.
“Our position will be defended based on the new price of ₦225 per kWh of electricity. Although we (the government and Labour) are not in agreement, we are waiting to meet and decide on the next point of action.”
Chinedum Anayo 
saharandaily