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    Home » Subsidy Removal: Increase Workers’ Minimum Wage To N200,000, TUC Urges FG
    National News

    Subsidy Removal: Increase Workers’ Minimum Wage To N200,000, TUC Urges FG

    SportsDayBy SportsDayJune 6, 2023No Comments4 Mins Read
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    The Trade Union Congress (TUC) of Nigeria has demanded an increase in the national minimum wage  of workers from N30,000 to N200,000.
    The demand, which has already been forwarded to the Federal Government, is part of conditions being put forward by the Labour union to shelve its proposed strike, in the wake of the sudden removal of fuel subsidy by the government.
    A list of other demands is contained in a joint statement signed by Festus Osifo, President TUC and Nuhu Abba Toro,            Secretary General, which was also made available to newsmen on Monday.
    TUC also wants government to revert to the old fuel pump prices of N195 while negotiations continue.
    “Minimum wage should be increased from the current N30,000 to N200,000 before the end of June 2023, with consequential adjustment on Cost of Living Allowance (COLA), like feeding, transport, housing allowances,” TUC stated.
    The Union said a representative of state governors will be party to this new minimum wage and all the governors must commit to implement the new wage.
    It also wants tax holiday for employees both in government and private sector that earn less than N200,000 or 500USD monthly whichever is higher.
    “We want PMS allowance to be introduced for those earning between N200,000 to N500,000 or 500USD to 1,200USD whichever is higher.
    “The Exchange rate for retailing PMS in the country must be kept within a limit of +- 2% for the next ten (10) years where the fluctuation is more that 2%, the minimum wage will automatically increase at the same rate.
    “Setting up of intervention fund where government will be paying N10 per liter on all locally consumed PMS. The primary purpose of this fund is to solve perennial and protracted national issues in education, health and housing. A governance structure that will include labour, civil society and government will be put in place to manage the implementation.
    “Federal Government should provide mass transit vehicles for all categories of the populace.
    “State governments should immediately set up a subsidized transportation system to reduce the pressure on workers and students. The framework around this will be worked out.
    “Immediate review of the National Health Insurance Scheme to cover more Nigerians and prevent out of stock of drugs.
    “Visitation of the refineries that are currently undergoing rehabilitation to ascertain state of work and Setting up timeline for its completion.”
    According to the statement: “The President should direct whoever will be Labour Minister to immediately constitute the National Labour Advisory Council (NLAC). This platform will be used by government, Labour and employer to discuss issues and policies of government that may affect workers and all other mandates as specified in the law.
    “Provision of subsidy directly for food items, the 800million dollars could be a first step.
    “The existing National Housing Fund (NHF) should be made accessible to genuine workers; the framework on this must be discussed and agreed.
    “Medium Term, Deployment of Compressed Natural Gas (CNG) across the country in line with the earlier promise made by government. The framework and timeline will be developed and agreed by both parties.”
    “Labour and government to design a framework that will be geared towards the reduction of cost of governance by 15% in 2024 and 30% by 2025.
    “A framework should be immediately put in place to maintain the road and expand the rail networks across the country. Government must design a framework for social housing policy for workers through Rent to Own System.
    “The state of electricity in the country must be appraised and an action plan should be defined with timelines on how to get this fixed. A strong monitoring team comprising of all parties will be constituted,” the statement added.
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