The Nigeria Labor Congress has demanded N794,000 as the new national minimum wage for workers in the South West geopolitical political zone.
The labor union in the South West, through the chairperson of the Lagos State chapter of the NLC, Funmi Sessi, made the demand during her presentation at the ongoing public hearing of the Tripartite Committee on National Minimum Wage in Ikeja, Lagos on Thursday.
Sessi noted that the demand was jointly agreed on by all the members of the union in the South West.
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She said the call for the review has become expedient in view of the rising cost of living across economic sectors, hence the need for an upward review of the minimum wage for Nigerian workers that is sustainable.
President Bola Tinubu, through Vice President Kashim Shettima, inaugurated a 37-member panel on the new minimum wage in the Council Chamber of the State House in Abuja on January 30, 2024.
Organized labor and the Federal Government have been negotiating a new minimum wage for workers given the current economic hardship in the country.