Connect with us

Hi, what are you looking for?

News

Inflation: FG Considers Salary Increase For Workers 

JOHESU Ngige

The Federal Government of Nigeria has hinted at a possible rise in the salary of workers in public service as a result of the downturn in global economies.

The government agreed with Organised Labour that inflation has eroded the purchasing powers of workers who are on the N30, minimum wage.

Gatekeepers News reports that the Minister of Labour and Employment, Senator Chris Ngige gave the hint while speaking at the public presentation of a compendium of Nigeria Labour Congress (NLC) at 40 publication titled: “Contemporary history of working class struggles,” in Abuja.

The Minister said the adjustment had become imperative to reflect what was happening across the globe.

Ngige said: “The inflation is worldwide, we shall adjust the minimum wage in conformity with what is happening and much more important, the 2019 Minimum Wage Act has a new clause for a reviewm

“That adjustment has started with the Academic Staff Union of Universities (ASUU) because the stage they are at with their primary employers, the ministry of education, is a Collective Bargaining Agreement (CBA), negotiations.

“Under the principles of offer and acceptance, which is that of Collective Bargaining, ASUU can say let’s look at the offer they gave us and make counter offer, but they have not done that, if they do that, we are bound to look at their offer, these are the ingredients of collective negotiations.”

The Minister noted that labour created the wealth of any nation as well as the wealth of any family, adding that “if you don’t work, you won’t eat.”

President of the Trade Union Congress (TUC), Festus Osifo noted that Nigerian workers have been subjugated and oppressed by the ruling class.

He lamented that the current minimum wage of N30,000 couldn’t in the present economic reality pay workers transportation fare to work for a month.

“The value of the N30, 000 minimum wage has been eroded. It cannot take workers to work again,” he said.

Osifo, who noted that the labour movement in the country was one with the sole aim to protect the interest of workers, stressed that if not for the struggle of the founding fathers of the movement in the country, the story would have been different today.

The TUC boss also told the government to recognise the power of agreement.

You May Also Like

News

Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. Gatekeepers News reports that this...

News

Former President Olusegun Obasanjo has advised Nigeria to approach the government of Zimbabwe for a solution to the current all-time high inflation in the...

News

The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 28.92% in December 2023 —...

News

President Bola Tinubu says his government is monitoring the effects of exchange rates and inflation in gasoline prices and will intervene when necessary. Gatekeepers...