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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Opinion > N62,000 Minimum Wage: Beware of the rage of the people-Benson Upah
Opinion

N62,000 Minimum Wage: Beware of the rage of the people-Benson Upah

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Last updated: June 10, 2024 12:15 pm
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2 years ago
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If the gathering storm is to be taken as a reliable pointer, then Nigeria may be headed for another major labour crisis as organized labour has not only rejected N62,000 minimum wage offered by government but cautioned that “some state governors, were behind the mischief.”

Speaking at a live television programme this Monday morning, Nigeria Labour Congress (NLC) Head of Information and Public Affairs, Mr. Benson Upah disclosed that about five state governors were bent on “throwing spanners to the works”. Even as he declined mentioning the names of these governors, the NLC spokesman cautioned the mischief makers to be aware that “the rage of labour is more manageable than the rage of the people.”

Mr. Upah said that contrary to the impression being given to the Nigerian public about the lack of capacity, government revenue has now shot up as the amount being shared by the three tiers of government has moved from N700billion to N1.3trillion. He therefore assured that “Labour is not being difficult but talking about something which is practical and reasonable.”

Pressed to state what shall be the next action of organized labour, Mr. Upah, who was guest at the Morning Show on Arise TV said, “appropriate organs of labour shall meet and take a decision.”

He went further to state, “Our troops, our resources, our reaction time, our good intentions are intact. Appropriate organs of the unions will reconvene and take the right action.”

 Organised labour, comprising of the Nigeria Labour Congress and the Trade Union Congress (TUC) have been engaged in protracted negotiations over a new minimum wage, or at best a living wage. The big elephant at the room during these meetings had been the disproportionate pay politicians and other public office holders approve for themselves as compared to the very poor take home pay of the average worker.

The current agitation for a higher pay had been triggered by ongoing hash economic reforms embarked upon by the Bola Ahmad Tinubu Presidency. First was the withdrawal of controversial subsidy on petrol. This was followed by the liberaisation of the foreign exchange market and the 240% upward review of electricity tariff.

The combined effect of these changes had led to sudden rise in prices of foodstuff and essential services like the cost of transportation and medicaments.

Following its rejection of the N62,000 offered by the federal and subnational governments, organized labour has scheduled a National Executive Council (NEC) meeting for tomorrow, Tuesday to deliberate on the next line of action.

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