“I’ll Approve ₦‎250,000 Minimum Wage If Fuel Price Is Increased” – President Tinubu

President Bola Tinubu set a condition for accepting the organized labor’s demand for a N250,000 minimum wage.

According to Joe Ajaero, the President of the Nigeria Labour Congress (NLC), Tinubu presented this condition during a meeting where he approved a N70,000 minimum wage.

Ajaero said Tinubu informed the representatives of organized labour that he would accept the N250,000 proposed minimum wage on the condition that the pump price of petrol would be increased.

Speaking with Channels Television, Ajaero, however, noted that the labour leaders rejected the President’s condition because it would exacerbate the current hardship.

“Accepting N70,000 was the best way to make sure that we save Nigerians from further hardship.

“At the last meeting, the President brought a proposal that ‘I will give you guys N250,000, if you allow me to equally increase the pump price of petroleum products’ and we said no that we need to go and consult.

“Today, we went there to tell him ‘no’ and that the labour movement can make sacrifices without allowing Nigerians to suffer further on the increase of pump price of petroleum products.”