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The Labour Union has proposed a minimum wage of $300 (N436,500) for Nigerian workers ahead of negotiations on the new national minimum wage.
The Union lamented that the high cost of living has made the current minimum wage of N30,000 unsustainable for Nigerians.
He noted that the fall in the value of the naira has made it necessary to increase workers wage.
He said, “In light of the above, Labour has proposed a Living Wage of $300 (N436,500) for Nigerian Workers. This is due to the fall in the value of our currency, today if you carry N100,000 to the market you will come back with a leather bag of items.
We call on Government to immediately pay the arrears of the N35,000 wage award along with the current and expedited action on the process of getting a new living wage to bring succour to the working class people.”
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