The Chairman of the Nigeria Labour Congress (NLC) in Lagos State, Agnes Funmi, has expressed concerns that the labour union might reject the newly announced N85,000 minimum wage by Governor Babajide Sanwo-Olu. According to Funmi, the main reason for this potential rejection is that the wage does not meet the living standards of workers in the state.
Funmi emphasized that the decision is not intended to criticize the governor but rather to ensure that workers receive a wage that allows them to live decently. The current economic conditions, including high inflation and rising living costs, make the proposed minimum wage inadequate for many workers.
The announcement of the N85,000 minimum wage came amid discussions between the government and labour unions about the rising cost of living and the recent fuel price hike. Labour leaders have been advocating for a wage that reflects the current economic realities and allows workers to maintain a reasonable standard of living.
The NLC has been engaged in negotiations with the federal and state governments on various issues, including the minimum wage, fuel prices, and consequential adjustments in salaries. The outcome of these negotiations will be crucial in determining whether the proposed minimum wage will be accepted or if further action will be taken by the labour unions.