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NLC urges FG committee to reduce wages

By Boluwatife Ezekiel Olaleye

The Nigeria Labour Congress has enjoined the Tripartite Committee for the new National Minimum Wage to consider the plight of workers and pensioners during its deliberations and initiate decisions that will improve the lives of Nigerians.

Ayuba Wabba, the NLC President, made the call in an interview with the News Agency of Nigeria on Friday in Abuja.

President Muhammadu Buhari on Thursday appointed a 30-member Tripartite Committee for the negotiation of the New National Minimum Wage for workers in the country.

The committee has its members across both federal, state and the private sector and would be inaugurated on November 27.

While commending the President for the appointment of the committee, Wabba said it was timely and long overdue.

He said: “We hope that after the inauguration, the committee can commence work immediately so that we can cover some mileage and also cover the times that have been lost.

“This is something that workers have long anticipated and our expectation is that we want a speedy process and that the fact that the issues are very obvious.

“If you look at the exchange rate, the N18,000 Minimum Wage of 2011 when we signed the agreement, it was almost equivalent to $110.

Today, the N18,000 is less than $46.

“So, this is the reality and with the purchasing power of ordinary Nigerian worker, with the high cost of transaction, our expectation is that the committee should look at the conditions of the Nigeria workers and pensioners.”

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