SUBSIDY: TUC DEMANDS N200,000 MONTHLY MINIMUM WAGE

Read Time:2 Minute, 52 Second

By Aishat Momoh. O.

The Trade Union Congress of Nigeria (TUC), has demanded a new monthly minimum wage of N200,000.

It also urged that the government reinstate the original N185 pump price of petrol per liter to create a favorable climate for bargaining.

In a statement the President and Secretary General, Festus Osifo and Nuhu Toro, respectively, TUC said: “For immediate implementation: Status quo ante of PMS pump price should be maintained while discussion continues. The minimum wage should be increased from the current N30,000 to N200,000 before the end of June 2023, with consequential adjustments on the cost of living allowance, COLA, like feeding, transport, housing, etc.

“A representative of state governors will be party to this communiqué and all the governors must commit to implement the new minimum wage.

“Tax holiday for employees both in government and private sector that earn less than N200,000 or 500USD monthly whichever is higher. PMS allowance to be introduced for those earning between N200,000 and N500,000 or 500USD to 1,200USD whichever is higher.

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