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Labour leaders accept N70,000 minimum wage after Tinubu pledges three-year reviews. The decision resolves prior strikes over wage hikes in Nigeria.
Labour leaders, including Joe Ajaero of the NLC, have accepted the new N70,000 minimum wage following President Bola Tinubu's commitment to review it every three years. Tinubu announced this decision during a meeting with NLC and TUC leaders in Abuja.
The unions, after initially demanding N250,000, agreed to the offer due to promised periodic reviews and other attached incentives. This agreement comes after earlier strikes and negotiations where the federal government had proposed lower wage increases, highlighting ongoing tensions over workers' salaries in Nigeria.