Connect with us

News

270k for food: NLC Gives Breakdown for N615,000 Minimum Wage

The NLC arrived at the N615,000 minimum wage demand through extensive research across Nigeria, aiming to reflect the true cost of living for an average family.

Published

on

NLC labour
NLC president, Comrade Joe Ajaero

The NLC arrived at the N615,000 minimum wage demand through extensive research across Nigeria, aiming to reflect the true cost of living for an average family.

They emphasize that any wage below this amount would perpetuate poverty, urging swift action from stakeholders for justice and national development.

In a detailed statement, the Nigeria Labour Congress (NLC) sheds light on the meticulous process behind their demand for a new National Minimum Wage of N615,000.

VerseNews reports that in the statement which was signed by the NLC president, Comrade Joe Ajaero, the figure, derived from extensive research conducted across the country, aims to reflect the true cost of living for an average Nigerian family.

Advertisement

“The figure was a product of a painstaking effort through which we captured the cost of living of Nigerian workers and masses in all parts of the country.

“It was essentially an outcome of an independent research conducted by the NLC and TUC on the cost of meeting the primary needs of an average family around the country. Our research was based on a family with both parents alive and four children without the burden of having other dependents with them,” the statement reads.

Despite excluding certain expenses, NLC emphasizes that any wage below this amount would perpetuate poverty among workers and their families.

“It should be noted that we arrived at this figure before the increase in electricity tariff and the recent scarcity of Petrol across the nation leading to the appearance of long queues with attendant increased transport fares. Any figure below this amount becomes a starvation wage and condemns Nigerian workers and their families to perpetual poverty,” it added.

Advertisement

With negotiations delayed due to government’s non-compliance with existing laws, NLC calls for understanding, sacrifice, and swift action from social partners and stakeholders to ensure justice, equity, and national development.

“We have to remember that the old one having expired on the 18th day of April, 2024, a new one is expected to have come into effect on the 19th day of April, 2024.

“However, because of government’s inability to comply with the Law that demanded for negotiations for a new national minimum wage to have begun 6 (six) months before the expiration of the existing one, concluding the new one has become unfortunately delayed.”

Here is the breakdown of the N615,000 minimum wage by NLC.

Advertisement
  • Housing/Accommodation 40,000
  • Electricity/Power 20,000
  • Utility Water 10,000
  • Kerosene/Gas 35,000
  • Food 9,000 Х 30 = 270,000
  • Medical 50,000
  • Clothing 20,000
  • Education 50,000
  • Sanitation 10,000
  • Transportation 110,000
  • TOTAL 615,000
whatsapp chat for versenews

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

buying home buying home
Lifestyle5 days ago

What Every First-Time Home Buyer in Nigeria Should Know

Every home buyer should understand that buying a home for the first time in Nigeria comes with legal, financial, and...

Meter Meter
News5 days ago

FG Bans Electricity Meter Charges, Threatens Prosecution for Extortion

The Federal Government has prohibited electricity distribution companies and installers from collecting money for meters...

njc njc
News5 days ago

FULL LIST: NJC Sends 14 Nominees to Tinubu for Appointment as Federal High Court Judges

The National Judicial Council has forwarded the names of 14 candidates to President Bola Tinubu for appointment as judges of...

student learning student learning
Education5 days ago

Most Profitable Side Hustles for Students in Nigeria

Side hustles have become essential for students in Nigeria seeking extra income and financial independence.

LIRS LIRS
News5 days ago

LIRS Warns Employers as January 31 Tax Deadline Approaches

The Lagos State Internal Revenue Service has cautioned employers across the state to meet the January 31 deadline for annual...

hunger woman hunger woman
News5 days ago

UN Warns 35 Million Nigerians Face Acute Hunger in 2026

The United Nations says nearly 35 million Nigerians could face acute food insecurity and hunger during the 2026 lean season,...

nigerian loan nigerian loan
News1 week ago

Step-by-Step Guide: How to Apply for Federal Government Loans in Nigeria in 2026

This 2026 guide explains official FG loan programs, eligibility requirements, and step-by-step instructions on how to apply successfully.

Minister of State for Labour and Employment Nkeruika Onyejeocha Minister of State for Labour and Employment Nkeruika Onyejeocha
News1 week ago

FG Seeks Review of Workers’ Compensation, Says Current Payments No Longer Reflect Reality

The Federal Government has called for an urgent review of workers’ compensation laws, warning that existing payments are inadequate to...

PTDF PTDF
Education1 week ago

FG Opens Applications for 2026 PTDF Overseas Scholarships for UK, Germany, France, Malaysia – Apply

The Federal Government has opened applications for the 2026 Petroleum Technology Development Fund (PTDF) Overseas Scholarship Scheme...

adc ati adc ati
Politics1 week ago

ADC Will Bleed After Convention as Atiku Clinches Presidential Ticket — Baba-Ahmed Warns

Former Northern Elders Forum spokesperson, Hakeem Baba-Ahmed, has warned that the African Democratic Congress (ADC) may face internal crisis and...

Advertisement