Sponsored
Opinion

Time For A Rational Conversation On Minimum Wage

Sponsored
Sponsored

TEMITOPE AJAYI 

In the face of the rising cost of living, I believe there is need for a higher national minimum wage.

However, the negotiation for a new national minimum wage by the Labour Movement should be rational and tempered within economic realities and capacity of both the government and private employers to pay.

Aluta approach of the Labour Movement won’t solve any problem. It will rather further depress the economy and create needless confusion.

 

There should be a rational conversation around the debate. Save for Lagos and probably 3 other states, I don’t think there is any state in Nigeria today that can conveniently pay above N50,000 minimum wage. A recent media report says Zamfara State government will begin to pay the N30,000 expired minimum wage from next month.

 

As it is, our economy cannot support N615,000 minimum wage. It means we will all have to pay our drivers, gatemen, cook, shop attendants, office assistants, waiters etc N615,000 every month. How much is the salary of the Labour leaders as unionists per month and will Joe Ajaero pay his own driver N615,000 per month from his salary as NLC President?

 

The idea of a minimum wage everywhere in the world is not to make workers rich and be in a position to afford everything they want.

 

In US, Canada and Europe, those who earn minimum wage keep two to three jobs at the same time to be able to pay their bills. Remaining on a minimum wage band is not a desirable position or life anyone wishes to have. Minimum wage simply means the minimum any worker should earn. Those who fall within the minimum wage band always aspire to exit the quadrangle by acquiring better education and other skills that can make them earn more to live more comfortable life.

 

After negotiating a reasonable and realistic minimum wage, the focus of the NLC/TUC should be how government will address the cost of living challenges through cheaper public transportation, affordable food and housing. Labour should also collaborate with government to boost industrial capacity so that manufacturing firms can employ more people to earn good wages.

 

Ajayi, a Presidential aide, writes from FCT, Abuja. 

Sponsored
Alinnor Arinze

Recent Posts

Ikeja LG Gives 500 Students Free GCE Forms, Commences 2-Month Holiday Job

ADEOLA OGUNLADE  The Ikeja Local Government has presented free General Certificate of Education (GCE) forms…

3 hours ago

ONC Hails Inauguration Of Lady Mrs. Doris Okoroh As 7th Provost Of FCE(T) Omoku

The President General of the Orashi National Congress, ONC, Ambassador Emeni Ibe, JP, AP, has…

3 hours ago

Oyo State Govt Publishes 2026–2040 Climate Action Plan

  The Oyo State Government has published the Oyo State Climate Action Plan (OYCAP) 2026–2040…

4 hours ago

PANDEF National Chairman Condoles With Alinnor Family Over Demise Of Mrs. Benedicta Ugochi Alinnor

The National Chairman of the Pan Niger Delta Forum, PANDEF, Amb. Godknows Boladei Igali, OON,…

5 hours ago

Has Canal+’s Acquisition of MultiChoice Shifted Control for African Consumers Abroad?

BY SEAN ANDAH  As Paris-based Canal+ completes its acquisition of MultiChoice and reshapes DStv while…

5 hours ago

Ohanaeze Lagos: Chief Obasi’s Faction Faults Chief Okafor’s Leadership Claim, Cites Court Order And Due Process

KINGSLEY EBERE  A faction of Ohanaeze Ndigbo Lagos State led by Chief Robert Obasi has…

6 hours ago
Sponsored