JUST IN: Why we accepted N70,000 minimum wage – NLC

The President of the Nigeria Labour Congress, Joe Ajaero on Thursday gave reasons why the Organised Labour accepted the proposal of N70,000 minimum wage from the President, Bola Tinubu.

Ajaero, who spoke to State House reporters after the meeting with the President, said the unions agreed to the offer because of other incentives attached.

He said another reason for accepting the offer is because “ the President promised a review every three years as against what obtained in the past.”

President Bola Ahmed Tinubu has agreed to pay N70,000 as the new minimum wage.

The Minister of Information and National Orientation, Mohammed Idris disclosed this at the end of the meeting between the organized labour and the government.

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The meeting was attended by Labour leaders, including the President of the Nigerian Labour Congress (NLC), Joe Ajaero, and that of the Trade Union Congress (TUC), Festus Osifo.

The labour leaders who arrived at about 2.15 p.m., in a white 32-seater Coaster bus headed straight to the first-floor office of the President where the meeting was expected to take place.

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