Connect with us

News

Minimum Wage: Why We May Not Accept N100,000 – Organised Labour

Published

on

The organised labour has told the government to perish any idea of offering N100,000 as the new minimum wage.

The labour has also told the government to be serious with the negotiations on the issue of workers wages, insisting that it used the lowest minimum in arriving at the N615,000 as new minimum wage.

Recall that the organised labour comprising the Nigeria Labour Congress, NLC and the Trade Union Congress of Nigeria, TUC, pulled out of the negotiation meeting last week Wednesday when the government offered N48,000 as the new minimum wage.

Advertisement

However, Chairman of the Tripartite Committee on the National Minimum wage, Alhaji Bukar Goni in a letter to the organized labour for a meeting tomorrow indicated interest that the government will shift ground and asked the organised labour to also shift ground.

Speaking to Vanguard in Abuja, the NLC Head of Information and Public Affairs, Benson Upah, said that the organised labour would honour the invitation tomorrow but he advised the government to be serious.

He said, “Our expectations are that the government should be serious this time around. We expect them to take more seriously the issue of wages of workers.”

Advertisement

On whether labour would accept N100,000 as being insinuated, he said, “Well, it will not be fair and these are the reasons. The first reason is that when we demanded for N615,000, we broke that down. In fact, we used the barest minimum.

“For instance we put accommodation for N40,000, we also use for feeding N500, tell me where you are going to get food for N500 with a family of six. As I said, we used barest estimate but beyond that, government hiked electricity tariff by two hundred and fifty percent after we made our demand and that has introduced new cost and expenses. So if government is serious, it should not be thinking about a hundred thousand naira.

READ ALSO: 15 Most Expensive Nigerian Universities

Advertisement

“You know that when you create poor citizens, you create a poorer county.” On his part, a member of the NLC delegation on the Tripartite Committee, Prof Theophilus Ndubuaku, said it would not be kind of the government to offer N100,000.

He said, “I don’t think one hundred thousand naira is a kind of thing we want because it’s far below expectation, we will accept something that can at least keep somebody alive. I don’t think a hundred thousand naira will keep a worker alive in this country a man with a family of six because our computation is based on the size of family.

“So, if they come up with that kind of amount, I don’t think we will appreciate it. In the private sector even artisans are not taking one hundred thousand a month. Whatever we accept we will look what is the income, what are they collecting, what is available to government because if government is collecting one trillion naira, we cannot ask them to pay two trillion.

Advertisement

“We are responsible people but the same government should know that people are suffering they will have to agree with us that there is crisis, that something needs to be done to create wealth, that something needs to be done for Nigeria to be a producing country and not a consuming nation.

“Something needs to be done to reduce the cost of governance. We are supposed to be partners in governance, after all we are the labourers.”

Asked to give reason why labour may not accept one hundred thousand, he said, “If we see that that hundred thousand is affordable, if we see that they can afford more, we will reject it. They have to tell us why they cannot pay N615,000, the onus is on them to tell us why, then we will sit down and say okay you don’t have the money but we will also know why you don’t have the money because Nigeria is a country that is naturally endowed but something is wrong, how do you make sure you get the money so that when we come again in two years time, you won’t tell us the same story?

Advertisement

“What are you doing to create wealth, how are you going to partner with us to create wealth instead of being wasteful, how are you going to partner with us to reduce cost of governance. If a father comes home and says the only money he has is one thousand naira and you know that the father is not wasting the money, you will manage but if it is when the father comes and he is eating food bought from the fast food joint and it cost N10,000 and he gives one thousand to the entire family to go and look for food and cook for themselves, he may be beaten up, the family may refuse it.

READ ALSO: SERAP Sues 36 Governors, FCT Minister Over FAAC Allocations

“The letter they wrote to us they said that both parties should shift ground, that means they will shift ground and they are expecting us to shift ground but the question is, what ground are they shifting, are they going to shift ground by two naira or two thousand naira to make it N50,000 or are they going to shift ground by N62,000 to make it N100,000 or by N150,000 or N200,000 to make it N300,000 plus.

Advertisement

“The point here is, this thing we are doing is not rocket science, the government should sit down and calculate how much it will cost, what is a befitting wage for an average Nigeria? They should breakdown what they are giving us because even in salaries, you break everything down. So when you break it down, they will tell us whether they are going to put one thousand naira per month for transport and two thousand naira per month for food.

“That N48,000 they are offering, they should have broken it down so if there are certain things they don’t want to make provision for, for instance health, if they say if any worker is sick they person should go and die or they don’t want to make provision for food, let them just put standard things.

“The problem here is that, you asked someone to tighten his belt, you said there is no money but you removed subsidy. Since they removed subsidy, FAAC has been collecting almost three times of what they were collecting before subsidy. That money you are collecting, what are you doing with it?

Advertisement

“You now said you want to build coastal highway when the existing roads to the same location are not passable, you are budgeting trillions of naira, you want to build Lagos-Sokoto brand new Highway, you want to put billions for hajj subsidy, you bought 200 vehicles for Customs and this is somebody that is complaining that naira is having issues but you now want to spend hundreds billions to import Toyota cars for Customs, why can’t you buy made-in Nigeria vehicles?

“This whole thing doesn’t make any meaning, we don’t even understand it. They are behaving as if they have money but they don’t know what to do with it like General Yakubu Gowon said in the 70s. You bought 200 Toyota Jeeps for Customs, it means you really do have the money but you don’t know what to do with it. But one thing you don’t want to do with the money is to feed Nigerians, feed your workers, make your workers comfortable.

“And as you can see, they are not even giving anybody hope. There is no programme for agriculture, government is not declaring emergency on power, food security, transportation.

Advertisement

READ ALSO: JUST IN: Tinubu Appoints Governing Board Members For 111 Tertiary Institutions

“So what we are expecting is that, if they tell us they cannot pay N625,000, they should tell us why they cannot pay, this is negotiation. If we have told them to pay N615,000, what we expect government to calculate how many workers that are expected to receive this minimum wage.

“We did our research, you now say each state has this workforce, this is what they are now getting as revenue forget the fact that some of them are not doing anything to increase their IGR. Whatever they are getting now from the money coming from the federal revenue account, the federal government should say, this is the number of workers that we have, this is how much that you are asking, at the end of the day, this is how much we are expected to spend as salary and this is how much we have.

Advertisement

“So, NLC please look at it, we don’t want to spend this percent on salary, we will then sit down and ask, if you don’t want to spend it on salary, you want to spend it by importing vehicles for Customs when you have locally manufactured vehicles that won’t cost capital flight.”

He, however said that if the government comes out with something”relevant “, the organised labour will shift ground as asked.

“We must discuss with them that the figure presented is realistic and based on facts and statistics as the organised labour has done,” he said.

Advertisement

He said, “For provision of food for one person, we put N500 but there is a survey carried out by the National Bureau for Statistics covering all parts of the country, NBS is the custodian of statistics and it came out with that in today Nigeria, the average you can spend for a meal is N900.

“But we went low, we took the minimum. Their average is N900 but we took the minimum of N500, that is you cannot go below the N500. So you can see how realistic we are. So we will insist that government breakdown every item. Food, hospital, accommodation, transportation etc.

“We don’t want anyone to come and say that the NLC and the TUC presented arbitrary figure.”
VANGUARD

Advertisement

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

on

By

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

Advertisement

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

Advertisement

He has been a regular feature for Lazio this season.

Continue Reading

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

on

By

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

Advertisement

READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

Advertisement

“This contradiction will no longer be tolerated,” the statement said.

Continue Reading

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

on

By

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Advertisement

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

Advertisement

Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

Advertisement

Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Advertisement

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

Advertisement
Continue Reading

Trending

Exit mobile version