Stephen Ukandu, Umuahia
Nigeria Labour Congress, NLC, has given reasons for accepting N70,000 as the new minimum wage which was announced Thursday by President Bola Ahmed Tinubu.
NLC President Comrade Joe Ajaero who on Thursday spoke with State House Correspondents after meeting with President Tinubu, said Labour decided to accept the offer because of the many incentives attached to it.
Recall that the Organised Labour, had before now insisted on N250,000 as the new minimum wage.
Ajaero also 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 Tinubu on Thursday approved the sum of N70,000 as national minimum wage, his Special Adviser on Information and Strategy, Bayo Onanuga said.