Subsidy Removal: NLC Proposes Wage Award – Joe Ajaero

Cat:

Related stories

Nigeria Can’t Become One-Party State, PDP Just Threatened, Says APC

Urges Unity in Osun APC By Kolawole Ojebisi The National...

29-year-old Nigerian-British Wins Election As UK’s Youngest Mayor

By Kolawole Ojebisi A British of Nigerian descent, Princess Opeyemi...

Mapped: World’s Largest Economies, Including U.S. States

Key Takeaways California passed Japan to become the fourth-largest economy...

Kwankwaso: Tinubu Not Pressuring Me to Join APC

By Abiola Olawale Senator Rabiu Musa Kwankwaso, the 2023 presidential...

Tinubu Touches Down in Rome Ahead of Pope Leo XIV’s inauguration

By Abiola Olawale President Bola Ahmed Tinubu has arrived in...

By Agency Report

The Nigeria Labour Congress (NLC) says it has proposed a wage award to the Federal Government to cushion the effects of petrol subsidy removal on workers and Nigerians.

Joe Ajaero, NLC president, said this on Wednesday at the ongoing 111th Session of the International Labour Conference (ILC) in Geneva, Switzerland.

Mr Ajaero said the proposal was part of the agreement reached with the government during the negotiation on the removal of fuel subsidy.

According to him, he said the agreement NLC had with the government was not minimum wage. “The agreement we had with them is wage award, and it must be understood clearly,” he said.

“We have proposed to them a wage award, which could be implemented immediately without waiting for the statutory period for the minimum wage law or for it to expire.

“What we are going to do is to look at the rate at which this wage award will be, whether it will be N100,000 or N20,000.

“This will not stop the review of the minimum wage, which will be due by early next year. It is good we draw this demarcation.

“We will ensure to review minimum wage statutorily because they have taken action by removing subsidy without providing anything. That is why they are talking about minimum wage’’ he said.

According to him, early this year, the federal government awarded some of their workers a kind of wage award of about 40 per cent that has nothing to do with minimum wage to cushion the effects of COVID-19 and others.

“Now that we are having the effect of this subsidy removal, we will look at an award that will cushion it.

“In this country, even in the 70s, we had the Udoji award and others. So, that is the purpose, whatever we are going to come up with at our next meeting with government, but not minimum wage,’’ he said.

He disclosed that some state governors were yet to abide by the National Minimum Wage Act as they could not pay the N30,000 minimum wage.

Speaking on the forthcoming meeting between labour and the government, Mr Ajaero said the meeting of 19 June is to give life to the agreement earlier signed with the government on fuel subsidy removal.

H said it would also include having some technical committee to give life to implementing that agreement.

“We did not even want to go into the politics of subsidy because we knew that as far as NLC is concerned, we do not know the people receiving the subsidy.

“We do not know people importing and exporting. So, it is exclusive to them.

“But we have asked them to investigate the subsidy regime because it is not enough to say subsidy it is gone and we cover it up. Let us know those involved; let us know what they did or what they are doing.

Mr Ajaero said the meeting also discussed the issue of modular refineries, just like in some states, which has brought diesel prices down.

“There are areas in Akwa Ibom today where diesel sells about N300 or N400 from modular refinery there. While we buy diesel in Lagos and Abuja for N800, they buy between N300 and N400.

“So, if you have all these modular refineries, it will bring down the cost.

“And we have all insisted that the Warri and the Port Harcourt refineries that they have awarded contracts must be concluded as soon as possible.

“So if you have these options, things will go well, but if you allow one individual to supply PMS, it is going to be difficult.

“One of the commonest ways for you to create high price is to create a artificial scarcity or monopoly.

“Everybody will be pursuing one product, and the price of that product will go up. If there is no availability, you cannot have affordability and accessibility. I must tell you that the aspect of implementation is a battle that we must all engage”, he said.

(NAN)

The New Diplomat
The New Diplomathttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
Nigeria Can't Become One-Party State, PDP Just Threatened, Says APC29-year-old Nigerian-British Wins Election As UK's Youngest MayorMapped: World’s Largest Economies, Including U.S. StatesKwankwaso: Tinubu Not Pressuring Me to Join APCTinubu Touches Down in Rome Ahead of Pope Leo XIV's inaugurationRivers Crisis: Wike Makes U-Turn, Says Fubara is My Son, I Am Not Fighting HimPDP Crisis: Wike Blasts Udenwa, Sam Egwu, OthersDefection: Kwankwaso Vows: "I would rather quit than join APC"Intimate Affairs: Women who shared their men, by Funke EgbemodeAbaribe, Kalu Other South East Senators Slam JAMB Over 2025 UTME ErrorBreaking Down Global Military Spending by Country in 2024U.S. vs. China: Mapping Trade Dominance in AfricaNANS President Atiku Isah Drags Tinubu's Son, Seyi, DSS, NTA Bosses To Court Over Alleged Abduction, TortureHow 10 Inmates Escaped US Jail Through Toilet Hole -- Prison AuthoritiesObasanjo Warns At Dele Momodu's Birthday: Africa Won't Be Seen As A Serious Continent Until...
X whatsapp