NewStats: 3,259,333 , 8,169,830 topics. Date: Saturday, 24 May 2025 at 05:42 PM 46y67

—Says inflation has eroded new minimum wage

By Johnbosco Agbakwuru, Abuja


The Nigeria Labour Congress, NLC, on Friday, said Nigerians are paying electricity tariffs that are more than the new minimum wage of ₦70,000 that was approved by President Bola Tinubu’s istration.

The NLC also said that inflation has eroded the new minimum wage, as it cannot take workers home at the end of the month.

Ajaero lamented that the tax regime introduced by the current istration, especially the tax on salaries, was almost higher than the N70,000 new minimum wage.

He said that the exorbitant prices of rents and transportation have rubbished the new wage approved for Nigerian workers.

The NLC President said, “We have fought battles on minimum wage, and we are still fighting on it. We have fought battles on fuel subsidy and we are still fighting battles on tax regimes. It is a period where tax on your salaries is almost higher than the minimum wage increase on your salaries. It is a period we need to sit and reflect on our survival.

“What are those things that affect us most? The social safety nets that are obtainable in some developed economies of the world we need to fight for them. Very important, the cost of living index. We need to look at it. How does it affect an average worker?

“The manner in which the minimum wage was implemented – me, Osifo and others – we fought and got the N70,000 minimum wage, but how was it implemented? In the local government, for teachers, for workers, in the formal and informal sectors of the economy.

“Whatever we got in of minimum wage has been eroded by inflation. The landlords have taken it all; the transporters have taken it; electricity tariff is more than our minimum wage; the tariff on telecom is going high by the day.”

According to him, there was need for the NLC and TUC to stand united and revive their relationships with Nigerians and players in the civil society space to collectively fight the numerous issues affecting workers; else, workers would not be able to survive the current situation they have found themselves in.

“It is a period we need to reenact our relationship with not just the trade union movement but our civil society allies and the mass of Nigerian people.

“The NLC is extending their hand of fellowship to the TUC for us to work together, hand in hand, for the interest of Nigerian people and workers. History beckons that if we fail to work together, we will all perish. At this point in time, we have to work on those things that affect us most.

“An assembly of this nature is such that we should look at our survival strategies. If you do this, and we are ready to work with you, history beckons to show that we can, at a time when we have a difficult situation, and we work together as a movement to rescue the workers of Nigeria.

“The challenges that the workers face here are not a drill; they are real challenges that require a robust, strong trade union to be able to face hands-on,” Ajaero added.

https://www.google.com/amp/s/www.vanguardngr.com/2025/04/electricity-tariff-more-than-n70000-new-minimum-wage-nlc/amp/

Absolutely agree — with current inflation and cost of living, the minimum wage in Nigeria should be ₦150,000 at the very least. Anything less is economic gaslighting. Workers deserve dignity, not survival math.

If you get opportunity to make it in this country please do so, and enjoy the life, if you choose to japa, please do, either of them, please ensure you give yourself the good life treatment
Naija matter go give you high jump

Hehehe.

Another lamba by labour union.

They are about to cash out again. When the had the upper hand to make things better for workers,they chickened out.

A labour leader that can't stand his ground will always be rediculled . The TUC guy and labour guy are clown. They blow hot in the morning,then cold in the evening.

People have been saying Tinubu is a failure. I always disagree with this. He showed from the onset he was going to run a government that will favor the elites and he is doing exactly that. Withdraw everything that benefits the masses and channel them to the elites.

E get as e be..

Everywhere red

Islie:

—Says inflation


/

Thunder faya anybody

Lol and people are decamping to APC because Tinubu has built Nigeria according to ZOMBIES

Toh

malali:
Absolutely agree — with current inflation and cost of living, the minimum wage in Nigeria should be ₦150,000 at the very least. Anything less is economic gaslighting. Workers deserve dignity, not survival math.

And expenses will still overtake it


To the topic it is called Minimum wage for a reason.

Let them make the minimum wage ₦300,000 if they like, inflation's mouth is already wide open to swallow it. You cannot make a Fulani man NSA and expect him to stop his kinsmen from unliving indigenous people and taking over their ancestral lands.

Buh no be this useless people agree on 70 thousand minimum wages?

Islie:

—Says inflation has eroded new minimum wage




https://www.google.com/amp/s/www.vanguardngr.com/2025/04/electricity-tariff-more-than-n70000-new-minimum-wage-nlc/amp/

Min wage is a scam

It's all part of the renewed hope agenda.

Wetin Nigerians care about na party politics, economy no concern them.

Imagine even the FG is running away from BandA, but want teacher collecting 30k per month to pay for bandA... Yet this same hungry tattered teacher will be shouting party politics..

Even the so-called 70k minimum wage had very insignificant impact on the salaries of workers. Basically no difference from what they earned prior to the new minimum wage. Very deceitful government.

Surviving in Nigeria is not ordinary ooo

There's no money to pay them better. They better learn to be contented.

Tinubu met a bankrupt economy. Buhari had borrowed so much money that servicing the debt was eating up 97% of government revenue.

Imagine using 97% of your salary to service your debt? Because Buhari was fiscally irresponsible, Nigeria couldn't get foreign loans. Buhari borrowed a massive $30bn in 8 years. The entire foreign debt when her assumed office was $10bn.

That was the foreign debt. GHe also borrowed lots of money locslly.It was so bad that the CBN printed money to lend to the government.

symbianDON:
Even the so-called 70k minimum wage had very insignificant impact on the salaries of workers. Basically no difference from what they earned prior to the new minimum wage. Very deceitful government.

Them simply add 40k ontop for everybody.
TinubuMath

The fight for civil servants and general public welfare should be the paramount business of NLC and not fighting to take over structure of a political party. NLC is expected to remain apolitical.

That's adelabu wisdom now

Toothless NLC, how many Nigerians even enjoy the so called minimum wage. Right now teachers are on strike in FCT, NiMET staff protests not implementation of the 70k that is not even adequate. NL. has been cagged. Ajaero should just resign.

Make NLC go sit down, instead of agitating for better economy na to dey asked for increase in minimum wages 😔

Toothless NLC, how many Nigerians even enjoy the so called minimum wage. Right now teachers are on strike in FCT, NiMET staff protests not implementation of the 70k that is not even adequate. NLC has been cagged. Ajaero should just resign.

lebete3000:


Them simply add 40k ontop for everybody.
TinubuMath

imagine!!! What is 40k in today's economy??

Noisemaking Labour Congress

You make noise, they still increase what they want to increase and nothing will happen.

Before, even 1 kobo increase in fuel prices and shutdown... Now fuel increase is commonplace... And decrease. Tariff only goes up...

Scrap yourselves

Band A is so expensive

Agbados are not here. I thought they will come and blame Peter Obi for this inflation. Or abi they are affected as well?

The new minimum wage is just useless

The worse NLC in the history of Nigeria.