Tinubu stopped paying N35,000 minimum wage in nigeria news – after the first month – Trade Union Congress TUC
Minimum Wage In Nigeria: The Trade Union Congress (TUC) claims that after the first month, the Federal Government stopped paying the N35,000 minimum salary even though it had the funds to do so.
In an interview with Arise Television on Monday, Trade Union Congress President Festus Osifo made this claim.
The TUC asserts that the government withheld the promised six-month wage award payment after the initial payment.
A 10-point agenda has been presented by the union to President Bola Tinubu as part of its demands to the federal government in the meantime.
The Nigerian government, according to Osifo, has the necessary funds to satiate the union’s demands, but it lacks the motivation to “actually do what is right.”
“Normally, if you’ve signed an agreement and you’re having trouble putting it into practice, you call the other party and have a meeting,” he stated. However, we don’t even consider that to be the difficulty or the issue.
“Because as of today, the amount that they share each month from the federation account has doubled in comparison to the figures or the amount of money that they shared as of April/May.”
“They exchange trillions of naira today, demonstrating that even if the value of this money has decreased, the physical note still exists and the volume has increased despite the decline in value.
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Thus, they could genuinely handle this. It isn’t that they lack money; rather, it’s that they genuinely want to act morally. You are well aware that the exchange rate was approximately N450 to the dollar at the time this government took office. However, it is officially above N900 today, or two times that amount. In actuality, this has increased government revenue.
Osifo pointed out that the 10-point agenda the TUC had submitted to the government—which was ultimately approved—had not been notarized by the administration.
“It will be a consent judgment,” was the final point in the agreement that we struck at the time, he stated, but as of right now, to the best of our knowledge, it hasn’t been carried out. It hasn’t been filed with a court of law as of yet to be accepted as a consent judgment.
“But above it, we felt that the federal government failed to adhere to the latter certain of the provisions in that agreement.”
He went on, “It is left to the government to explain to us why they haven’t brought that material before a judge. However, we must hold them responsible to ensure that every clause in the agreement is carried out as agreed upon with them.
Osifo continued by saying that the suffering that the average Nigerian was going through due to rising prices led by inflation, the removal of gasoline subsidies, and other financial issues was what spurred the TUC’s demands, which were outlined in the 10-point agenda.
“We feel that the life of an average Nigerian will be better if the government is sincere enough to implement these and put frameworks in place to address all of these,” the speaker said, explaining why the government developed the 10-point agenda.
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“This government needs to take a seat, fasten its belt, and tackle the problems that impact the people of Nigeria,” he declared.