The minimum wage issue in Nigeria has resurfaced as a critical economic and social concern. Recently, the Nigerian Labour Congress (NLC) demanded the implementation of a new minimum wage of ₦70,000, with a deadline set for December 1, 2024. This demand highlights the significant struggles of Nigerian workers amidst soaring inflation and economic uncertainty. However,...
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MINIMUM WAGE
Tag: MINIMUM WAGE
Minimum Wage in Nigeria: Forgone Alternatives and What You Need to Know
The issue of minimum wage in Nigeria has been a contentious subject for years, with the recent increase to ₦70,000 in 2023 being a focal point for discussions about the country’s economic realities. While this adjustment may seem promising on paper, its actual effectiveness in improving the standard of living for Nigerian workers remains a matter of...
NLC and the Government: New Ground Between Both Parties
There is no gainsaying that the worker’s voice is the voice of the nation (as represented by the NLC), and when we silence their struggles, we silence the soul of our country. Yet, the government’s responsibility is to balance the needs of all, ensuring that the burdens of progress are shared by all, and the...
Minimum Wage Hullabaloo: The Best to Deal with it
It is with a certain extent of comprehension that I assert, that the minimum wage is not just a labour issue; it is a harbinger of Nigeria’s economic destiny – a choice between stagnation and growth, between mediocrity and greatness. It suffices that the hullabaloo is more than a monetary value; it is a reflection...
Is the Suspension of Strike by NLC a Tactical Retreat or a Surrender?
Has the Nigeria Congress (NLC) truly achieved victory in its strike action, or has it merely delayed the inevitable. The Nigeria Labour Congress (NLC) recently suspended its strike action, which was called to protest the increase in electricity rates and the absence of an agreement on a new minimum wage. The strike had the potential...
