President Bola Tinubu recently suggested that wages should be adjusted every two or three years instead of every five years.
He shared this idea because he cares about Nigerian workers and wants fair minimum wages.
This talk happened at a meeting in the State House with different important people like the Secretary to the Government, some ministers, and other leaders.
The president wanted to talk more with everyone involved before making a final decision.
President Tinubu said,
“I see everything around me. Happy workers do good work, and we need them for our society. We should not wait five years to change wages. Why not every two or three years? What is tough today might be better tomorrow. We need to be practical and understand all the issues.”
What They Said
The different people involved in the discussion about Nigeria’s minimum wage shared their thoughts:
Trade Union Congress President Festus Osifo said,
“We talked about the big problems Nigerians face like the economy and how our money’s value has dropped. This affects the prices of things in the market.”
Nigeria Labour Congress Leader Joe Ajaero said it was more of a discussion than a negotiation. They agreed to keep the current amounts, N250,000 and N62,000, until the talk is done.
Minister of State for Labour and Productivity, Nkeiruka Onyejeocha, said, “When family talks, good things happen. Our meeting took almost an hour. It’s all for the best.”
Minister of Information and National Orientation, Mohammed Idris, noted that the president was keeping his promise to consult everyone before deciding.
He said, “The president doesn’t want to decide alone. This decision affects us all, so he’s talking to everyone, including the private sector and labour leaders. We’re meeting again next week to agree on something together.”
Nigerians are eagerly waiting for next week when these talks will finish, and a decision will be made.