The Digest:
Amid rising inflation and escalating living costs, the Nigeria Labour Congress (NLC) and federal workers have urgently called for a revision of the national minimum wage, claiming that the current N70,000 is no longer enough to meet their basic needs.
Key Points:
- The NLC asserts that inflation has significantly eroded the value of N70,000, making it insufficient to cover essential living expenses.
- Several states have increased their minimum wage in response to the country’s economic challenges. Imo State raised its minimum wage to N104,000, while Lagos and Rivers set theirs at N85,000.
- The NLC continues to engage the Federal Government for a nationwide salary review, citing the financial strain workers are facing.
- The increase in the cost of food, transportation, and housing has made the N70,000 wage untenable for many workers.
- States like Bayelsa, Niger, and Enugu are also adjusting their wage structures, signaling a broader recognition of the economic pressures on workers.
With the increase in living costs and inflation, the NLC and workers are urging the government to review the N70,000 minimum wage. The urgency for a nationwide wage adjustment grows as workers face increasing financial strain.
Sources: Daily Post, NAN
