Business Hilights

Tracking Nigeria's Headline Business News Online

NLC-minimum wage
Industry

Twist as FG denies agreeing N30,000, Labour, Atiku react, say it’s N30, 000 or strike

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

The strange response of the Minister of Information, Alhaji Lai Mohammed after Wednesday’s Federal Executive Council meeting that “I think it (N30,000) was a recommendation, Mr President will consider it and will make his views known in due course,” has sparked off anger amongst labour leaders and the opposition Peoples Democratic Party (PDP).
However, in a swift reaction, the General Secretary of the Trade Union Congress (TUC), Mr Musa Lawal, said any move by the government to renege on agreed N30,000 new minimum wage will be met with mother of all strike.
He said Organised Labour decided to shelve its planned strike because the government had agreed to a convincing extent that it will do the needful to the report of the tripartite committee.
He warned that anything short of the full implementation of the report would be met with stiff opposition and a nationwide strike that will have no match ever.
TUC scribe averred that “They can say anything they want to say. Why were they panicky before? Why did they agree to the N30, 000? They can call it a mere recommendation or whatever they want to call it but the important thing is that at the end of the day, if we do not get the N30,000, they know what we will do.”
Meanwhile, the Atiku (PDP) Media Campaign Organisation in Abuja, Wednesday, chided the All Progressive Congress (APC) administration, saying approbation and reprobation “is characteristic of the Buhari administration and that it is evidence of lack of leadership at the very top that is putting our economy in peril.”
The statement read in part, “Just two weeks ago, two of the world’s largest banks, HSBC and UBS, pulled out of Nigeria citing lack of policy stability as their reason.
“This same reason was given by Procter and Gamble when they pulled out last year. In the span of the three years that this administration has been in office, more than 500 companies have pulled out of Nigeria for similar reasons. Nigeria under President Buhari has become synonymous with policy flip flopping.
“A government is only as reliable as its word and if its word is not reliable then nothing else about the government will be stable. This is why Nigeria suffered from a recession under this administration and it’s right now at risk of another recession.
It added, “At the risk of repeating ourselves, we urge the Buhari administration to note that Nigerian workers are the goose that lays the golden egg that top members of this government are enjoying to the detriment of those laying the egg.
“We are aware that both President Buhari and Vice-President Osinbajo, despite living and feeding at the public expense, collect a hardship allowance of 50 per cent of their annual basic salaries, whereas, the long-suffering Nigerian workers, who are the main sufferers of the hardship caused by the incompetence of this administration, do not have any hardship allowance and are expected to live on the unliveable minimum wage of the Buhari government.”
The statement said the actions of the President and his minister were a testament to how badly the country had treated its workforce over the last three years.
It said it was during same period that Nigeria was officially declared the world headquarters for extreme poverty by the World Poverty Clock and the World Economic Forum.
“We can only change this by paying our workers a living wage as opposed to the starvation wages now paid to them by the Buhari administration,” the statement added.
The Atiku campaign office called on the President to keep faith with the agreement, which he said his government freely reached with labour and affirm the new minimum wage.

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.