NLC president says the union cannot wait until third quarter of 2018 for new minimum wage
The president, Muhammadu Buhari, had last November inaugurated the tripartite Committee to negotiate the N56,000 new minimum wage for workers.
Mr Ayuba Wabba, the President of NLC, has said workers expect to see the result of the committee’s work as soon as possible.
Mr Wabba also stated that whatever needed to be done, should be put in place within a short period of time, so as to start getting the minimum wage approved to workers.
He says: “We will not wait for any third quarter. With what is happening, it is very clear that the purchasing power of workers has been reduced to virtually nothing.
“Look at what happened just towards the end of last year, regarding petroleum pricing and scarcity. This certainly is a major factor in determining the wages of workers. Because transport is a major factor, rent is a major factor. Above all, cost of goods is a major factor and all of this will be affected once this important commodity is affected.”
He also let it known that there is no way members the congress will be patient until the third quarter of the year, stating that the stand of the congress is that negotiation should be completed on or before July.