-FG targets second quarter of 2018
-NLC insists on N66,500

The Nigeria Labour Congress (NLC), yesterday, insisted that all employers across the country must pay the proposed minimum wage. Its president, Ayuba Wabba, said the payment would no longer be restricted to employers that have 50 workers or above. He also stated that the labour movement would resist renegotiation of the wage by state governments or employers in the private sector.

Quote: “We have also proposed that the minimum wage law should apply to all workers and not be restricted only to establishments with 50 workers and above. We have also demanded that there should be minimum pension for our retired workers and senior citizens who currently, in some cases, are receiving N2000 as monthly pension. We insist that once the Minimum Wage Act is signed into law, all employers in public and private sectors must pay at once. We shall stand with those willing to pay more than the minimum. We shall resist any move to renegotiate the minimum wage at any level,”

Vice President Yemi Osinbajo promised at the 2018 May Day celebration in Abuja, yesterday, that the Federal Government will expedite action to ensure that a new minimum wage is ready by the second quarter of the year.

The VP declared: “The argument for a national minimum wage cannot be faulted, because minimum wage is the minimum amount of compensation an employee must receive for putting in his or her labour. And as such, should be anchored on the principles of social justice, equity, and fairness. We believe that those who can pay above the social protection floor are free to do so, as many have been doing in many states and sectors of the economy,”

He was hopeful that the “Tripartite Committee, comprising government, labour, and the private sector, will expedite its assignment, to enable the Federal Government to present an executive bill on a new national minimum wage to the National Assembly for passage into law, as soon as possible. In the meantime, the Federal Government and the state governments will continue to work together to improve the conditions of workers across the country.”

The NLC president, Wabba urged the Federal Government to ensure federal allocations are not released to states and local governments that refuse to implement the new wage, warning: “We are battle-ready against public and private organisations that would refuse to conform to the new minimum wage. At our disposal is the power of our votes! We shall ensure that governments that refuse to pay the new minimum wage will not receive the support of the working class, pensioners and their families.”

He argued that the N66, 500 being demanded by labour as national minimum wage would at best meet only the basic needs of the average Nigerian worker, if inflation is kept at a single digit.

https://www.financialdigest.com.ng/blog/2018/05/02/all-private-sector-employers-must-pay-the-proposed-minimum-wage-nlc/

We dey wait

I hope you guys will also enforce minimum revenue for all businesses in the private sector?

Clowns.


[s]

Nfora:


-FG targets second quarter of 2018
-NLC insists on N66,500

The Nigeria Labour Congress (NLC), yesterday, insisted that all employers across the country must pay the proposed minimum wage. Its president, Ayuba Wabba, said the payment would no longer be restricted to employers that have 50 workers or above. He also stated that the labour movement would resist renegotiation of the wage by state governments or employers in the private sector.

Quote: “We have also proposed that the minimum wage law should apply to all workers and not be restricted only to establishments with 50 workers and above. We have also demanded that there should be minimum pension for our retired workers and senior citizens who currently, in some cases, are receiving N2000 as monthly pension. We insist that once the Minimum Wage Act is signed into law, all employers in public and private sectors must pay at once. We shall stand with those willing to pay more than the minimum. We shall resist any move to renegotiate the minimum wage at any level,”

Vice President Yemi Osinbajo promised at the 2018 May Day celebration in Abuja, yesterday, that the Federal Government will expedite action to ensure that a new minimum wage is ready by the second quarter of the year.

The VP declared: “The argument for a national minimum wage cannot be faulted, because minimum wage is the minimum amount of compensation an employee must receive for putting in his or her labour. And as such, should be anchored on the principles of social justice, equity, and fairness. We believe that those who can pay above the social protection floor are free to do so, as many have been doing in many states and sectors of the economy,”

He was hopeful that the “Tripartite Committee, comprising government, labour, and the private sector, will expedite its assignment, to enable the Federal Government to present an executive bill on a new national minimum wage to the National Assembly for passage into law, as soon as possible. In the meantime, the Federal Government and the state governments will continue to work together to improve the conditions of workers across the country.”

The NLC president, Wabba urged the Federal Government to ensure federal allocations are not released to states and local governments that refuse to implement the new wage, warning: “We are battle-ready against public and private organisations that would refuse to conform to the new minimum wage. At our disposal is the power of our votes! We shall ensure that governments that refuse to pay the new minimum wage will not receive the support of the working class, pensioners and their families.”

He argued that the N66, 500 being demanded by labour as national minimum wage would at best meet only the basic needs of the average Nigerian worker, if inflation is kept at a single digit.

https://www.financialdigest.com.ng/blog/2018/05/02/all-private-sector-employers-must-pay-the-proposed-minimum-wage-nlc/

[/s]

18000 minimum wage a month in nigeria. Thats 600 rand in south africa. I sorry for my naija people.

Why?

That one is stories ...Nigerian private organization are barely keeping afloat in this very unfair country yet you want the minimum wage of 66 thousand to be still extended to them ..

Lol... clowns...