Tag: minimum wage

NLC Slams Obasanjo for Criticizing Labour Leadership in New Book

March 18 2025

NLC Slams Obasanjo for Criticizing Labour Leadership in New Book

The Nigeria Labour Congress (NLC) has fiercely rebutted criticisms from former President Olusegun Obasanjo, outlined in his book *Nigeria: Past and Future*, regarding their handling of the N70,000 minimum wage. The NLC defended the compromise due to economic pressures and highlighted previous attempts by Obasanjo's administration to weaken union power.

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Trade Union Congress Urges President Tinubu to Sign New Minimum Wage Bill into Law

July 26 2024

Trade Union Congress Urges President Tinubu to Sign New Minimum Wage Bill into Law

The Trade Union Congress (TUC) is urging President Bola Tinubu to sign the new minimum wage bill into law, significantly aiming to bolster the economic welfare of Nigerian workers. The TUC believes this legislative step is crucial for addressing workers' basic needs and would represent a milestone for the Tinubu administration and the labor movement in Nigeria.

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Nigeria Senate Approves Hike in Minimum Wage to N70,000 with Periodic 3-Year Reviews

July 24 2024

Nigeria Senate Approves Hike in Minimum Wage to N70,000 with Periodic 3-Year Reviews

The Nigeria Senate has approved an increase in the national minimum wage from N30,000 to N70,000. The approval also shortens the wage review period from five years to three years. The bill, proposed by President Bola Tinubu after consultation with organized labour, passed unanimously and awaits presidential assent.

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