Before another new minimum wage

Due to the prevailing economic hardship in the country, dwindling value of the naira and other factors, members of organised labour are warming up for another round of negotiations for a new minimum wage. This is coming less than two years after the present N70,000 minimum wage was approved by the current administration. Before President Bola Tinubu, the minimum wage was N30,000 per month. Leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), who spoke at the recent 114th International Labour Congress (ILC) in Geneva, Switzerland, maintained that the current national minimum wage does not reflect the economic realities in the country.
The labour leaders belie...