The Federal Government has said it is considering an increase in the national minimum wage to reflect the current economic realities in the country.
This was as the controversy trailing the Federal Government’s removal of fuel subsidy and the subsequent increase in the price of premium motor spirit (petrol) took a fresh turn on Friday when the Nigeria Labour Congress threatened to embark on a nationwide strike on Wednesday.
NLC specifically cautioned that it would not go back on its decision to withdraw its services should the Nigerian National Petroleum Company Limited fail to reverse the increase of the price of PMS to N184 per litre.
The workers’ union had during its emergency National Executive Council meeting in Abuja directed its affiliates, including state councils and industrial unions, to mobilise workers for a nationwide strike and protest if nothing was done by the Federal Government to embrace the status quo as far the price of petrol was concerned.
But President Tinubu, who spoke when he received members of the Progressive Governors Forum led by the Chairman and Imo State Governor, Hope Uzodimma, at the Presidential Villa, said that an improved livelihood for Nigerians remained the top priority of his administration through more people-focused economic policies.
“We need to do some arithmetic and soul searching on the minimum wage. We will have to take a look at that together, and the revenue. We must strengthen the source and application of our revenue,” Tinubu added.
The President urged the governors to seize the opportunity of being chosen among millions of citizens in their states to make a difference in the lives of people, adding that he would work for the benefit of Nigerians.
On the planned workers’ strike, the NLC President, Joe Ajaero, while briefing journalists after the union’s emergency National Executive Council meeting, said, “The NEC in session directed that the leadership of NLC should be cautious of negotiations with people without portfolios.
“It is destructive and until the government is properly constructed and the people who will negotiate with labour are people with mandate and capacity to convince the government of the day, such negotiations may not be valid wherever.
“Consequently, the NLC decided that if by Wednesday next week, the NNPCL, a private limited liability company that illegally announced a price regime in the oil sector, refuses to reverse, the NLC and all its affiliates will withdraw their services and commence protest nationwide until this is complied with.
“The NLC NEC directs all state councils and industrial unions to commence mobilisation from this moment.”
Recall that President Tinubu, during his inaugural speech on Monday, May 29, announced the removal of fuel subsidy, saying, “Subsidy is gone”.
Though the President’s image makers had in different statements insisted that Tinubu was misquoted by some sections of the media.
However, Tinubu’s declaration led to an increase in panic buying with some filling stations across the country pegging the pump price of petrol at N600 per litre few hours after the announcement.
The NNPCL had on May 31, 2023 announced new pump prices according to states, even as some representatives of the government met with NLC officials, a meeting which ended in a deadlock.
