The Nigeria Labour Congress (NLC) is insisting that the proposed N615,000 minimum wage is realistic, dismissing claims that some states cannot pay such an amount if approved.
Recent reforms in Nigeria including the removal of fuel subsidy and the unification of the foreign exchange market have pushed the cost of living to newer levels. Inflation figures hit 33.2 per cent in March, further compounding a troubled economy.
Labour unions and the Federal Government have since been locked in negotiations over measures including a new minimum wage to cushion the impacts of the harsh economy.
Our guest Seun Akioye, social mobilization manager, at Actionaid Nigeria, take a look at the increment of workers salary juxtapose the difficult economic situation.
INTERVIEW – Nigeria’s Minimum wage and the Current Economic Realities
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INTERVIEW – Nigeria’s Minimum wage and the Current Economic Realities
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