Inflation Has Reduced Minimum Wage To Nothing, Says NLC.
The Nigeria Labour Congress has lamented the impact of inflation on the N30, 000 national minimum wage.
NLC President, Aliyu Wabba, noted that the wage, passed into law in 2019 by the President, Major General Muhammadu Buhari (retd.), had been reduced to nothing by inflation.
The NLC President said, “Today we know that the 30,000 minimum wage has been reduced to virtually nothing due to external effects of inflation in our system.”
Wabba said that the national employment plan was imperative in addressing the issue of peace and stability in the country.
Wabba said, “I must use this opportunity to call on our government at all levels to adopt a national employment plan and I think decent employment which is a recipe to addressing the issue of peace and stability. Because youths can certainly be a tool to the hands of the people who are manipulative and this can be very dangerous to the society.
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