By Sabiu Abdullahi
The proposed N1 million minimum wage by the Nigeria Labour Congress (NLC) has stirred reactions from various sectors, with some expressing scepticism and others noting the need for realism given the current economic challenges facing the country.
In an interview on Arise television, NLC President Joe Ajaero suggested that organized labour might demand N1 million during minimum wage negotiations if the value of the naira continues to decline.
However, the proposal has been met with mixed reactions.
Minister of Information and National Orientation, Idris Mohammed, speaking on behalf of the Federal Government, stated that any decision regarding the minimum wage would be made in consideration of national interests and available resources.
Meanwhile, representatives from Ekiti, Sokoto, Benue, and other states have questioned the feasibility of the N1 million minimum wage, stating the importance of negotiating based on reality and the capacity of governments to pay.
The Sokoto State Commissioner for Information, Sambo Danchadi, urged Labour to be realistic in its demands, considering the economic challenges facing the country.
Similarly, the Benue State Commissioner of Finance and Budget Planning, Michael Oglegba, stressed the need for Labour to understand the limitations of the economy.
In response to the proposal, the Ekiti State Commissioner for Information, Taiwo Olatunbosun, advised Labour to set realistic goals, acknowledging the right of both Labour and the government to negotiate.
The stance from the private sector was also pragmatic. The President of the Lagos Chamber of Commerce and Industry, Gabriel Idahosa, described the N1 million minimum wage demand as unrealistic and disconnected from the current economic realities.
He affirmed the importance of negotiations based on thorough research and consideration of economic factors.
Similarly, the Nigeria Employers Consultative Association (NECA) and the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) highlighted the need for negotiations to be based on economic realities and comprehensive understanding of the implications.
While the proposal by the NLC has sparked debate and discussions, all parties involved are urged to approach the issue with patience, cooperation, and a commitment to finding a fair and sustainable solution.
The 37-man minimum wage negotiation committee, which includes representatives from both Labour and government, is expected to play a crucial role in determining the outcome of this issue.
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