Organized labor is signaling a shift in its minimum wage proposal, now aiming for N500,000, as the zonal public hearings on the new wage structure kick off today in Lagos, Kano, Enugu, Akwa Ibom, Adamawa, and Abuja.
In an interview on Arise TV on February 11, the President of the Nigeria Labour Congress, Joe Ajaero, hinted at the possibility of proposing a new minimum wage of up to N1 million for Nigerian workers if the current inflation persists.
During today’s meeting, organized labor may advocate for a sum of N500,000, building on proposals submitted by state chapters to the congress headquarters.
The forthcoming public hearings, spanning all six geographical zones, will collect input from organized labor, state governors, government ministers, civil society organizations, and the private sector.
The goal is to establish a new minimum wage that reflects current economic conditions and addresses the expectations of workers.
The meeting in Yola, the capital of Adamawa State, in the North-East, will be presided over by Joe Ajaero, the President of the Nigeria Labour Congress.
Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, will oversee the South-West hearing in Lagos.