President Bola Tinubu is currently meeting with the leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), Sahara Reporters reports.
This is coming ahead of the planned nationwide protests against hardship, which is scheduled to commence on February 27, 2024.
Sources told SaharaReporters that the meeting is currently holding at the Aso Rock Villa and would be decisive for the two-day planned protests.
Earlier this month, organised labour had announced a nationwide protest scheduled for February 27 and 28, to kick against the economic challenges facing Nigerians.
Meanwhile, in another news…
CorrectNG recently reported that NLC president, Joe Ajaero said labour union has asked the Nigerian Government to consider N1 million as minimum wage if inflation and other economic indicators worsen.
He expressed the belief that as long as the dollar keeps rising against the naira, the demands for a higher minimum wage will be inevitable.
The NLC president explained that the initial N200,000 minimum wage proposal which was reviewed to N400,000, is no longer tenable given the soaring price of food items and inflation.
Ajaero said in part; “This N1 million may be relevant if the value of the Naira continues to depreciate; if the inflation continues to depreciate. The demand for Labour is equally dependent on what is happening in society.
“You will remember that by the time we contemplated N200,000, the exchange rate was about N900. Today, the exchange rate is about N1,400 or even more.”
