Labour unions unveil breakdown of proposed N615,000 minimum wage

Organized Labour consisting of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) has outlined details of its proposed N615,000 minimum wage.

The details were contained in a statement released by the labour unions on Friday.

According to the statement, food and transportation take the larger proportion of the proposed minimum wage.

The breakdown shows that N270,000 (for thirty days) is benchmarked for food and N110,000 for transportation.

Others are electricity/power (N20,000), accommodation (N40,000), utility water (N10,000), kerosene/gas (N35,000), clothing (N20,000), education (N50,000), sanitation (N10,000) and medicals (50,000) totaling N615,000.

The President of TUC, Festus Osifo, and his NLC counterpart Joe Ajaero, revealed the N615,000 minimum wage proposal through separate statements.

Meanwhile, in his May Day message to workers, President Bola Tinubu said an upward review of the minimum wage is imminent.

The development comes as Nigerian workers grapple with high cost of living resulting from rising inflation, which stood at 33.20 per cent in March 2024.

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