Wednesday, May 6, 2026
  • About Us
  • Advertise With Us
  • Contact Us
  • Privacy Policy
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-COPY
No Result
View All Result
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-COPY
No Result
View All Result
Salient Times Online
No Result
View All Result
Home News

Subsidy removal crisis: Increase workers minimum wage to N200,000 – TUC tells FG

Salient Times Online by Salient Times Online
June 5, 2023
in News
0
Subsidy removal crisis: Increase workers minimum wage to N200,000 – TUC tells FG
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Subsidy removal crisis: Increase worker’s minimum wage to N200,000 – TUC tells FG

 

You might also like

Ogun Land Dispute Deepens as Sunday Adeyemo Disowns Radio Report, Backs Developer

Bayelsa Monarch Hails NDDC over Distribution of Palliatives

EID EL FITRI: Gov Diri Congratulates Muslims, Tasks Them On Peace-building

 

The grievances over the removal of fuel subsidy by the Federal Government may have assumed a new dimension, as the Trade Union Congress of Nigeria has demanded an increase in the national minimum wage from N30,000 to N200,000.

It was gathered that all the demands raised by TUC have already been forwarded to the government at Sunday’s meeting that was held at the Presidential Villa.

A list of other demands is contained in a joint statement signed by Comrade Festus Osifo, President TUC and Comrade Nuhu Abba Toro, Secretary General, respectively, which was also made available to our reporter on Monday.

TUC also wants the government to revert to the old fuel pump prices of N195 per litre while negotiations continue.

“The minimum wage should be increased from the current N30,000 to N200,000 before the end of June 2023, with consequential adjustments to the Cost of Living Allowance (COLA), like feeding, transport and housing,” 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 implementing the new wage.

ADVERTISEMENT

It also wants a tax holiday for employees both in the 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 500 USD to 1,200 USD, whichever is higher.

“The exchange rate for retailing PMS in the country must be kept within a limit of +- 2% for the next ten years. Where the fluctuation is more than 2%, the minimum wage will automatically increase at the same rate.

“Setting up an intervention fund where the government will be paying N10 per litre 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.

“The 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 drugs.

“Visitation of the refineries that are currently undergoing rehabilitation to ascertain the state of work and set up a timeline for its completion.

“The president should direct whoever will be labour minister to immediately constitute the National Labour Advisory Council (NLAC). This platform will be used by the government, labour, and employers to discuss issues and policies of the government that may affect workers and all other mandates as specified in the law.

“Provision of subsidy directly for food items, the 800 million 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 upon.

“Medium Term, Deployment of Compressed Natural Gas (CNG) across the country in line with the earlier promise made by the government. The framework and timeline will be developed as agreed upon by both parties.

“Labour and government to design a framework that will be geared towards the reduction of the 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. The government must design a framework for social housing policy for workers through the 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 all parties will be constituted,” the statement added

Tags: Minimum wageTUC
Previous Post

Court stops NLC, TUC from embarking on strike over petrol subsidy removal

Next Post

Gov Abdulrazaq meets Kwara labour leaders on fuel subsidy removal

Salient Times Online

Salient Times Online

Related Posts

Ogun Land Dispute Deepens as Sunday Adeyemo Disowns Radio Report, Backs Developer
News

Ogun Land Dispute Deepens as Sunday Adeyemo Disowns Radio Report, Backs Developer

by Salient Times Online
March 30, 2026
Bayelsa Monarch Hails NDDC over Distribution of Palliatives
News

Bayelsa Monarch Hails NDDC over Distribution of Palliatives

by Salient Times Online
March 21, 2026
EID EL FITRI: Gov Diri Congratulates Muslims, Tasks Them On Peace-building
News

EID EL FITRI: Gov Diri Congratulates Muslims, Tasks Them On Peace-building

by Salient Times Online
March 21, 2026
Oba MacGregor Applauds Tinubu Over Appointment of New IGP
News

Oba MacGregor Applauds Tinubu Over Appointment of New IGP

by Salient Times Online
March 21, 2026
Nigerian woman trafficked to Iraq critically ill amid abuse, organ harvest allegations
News

Nigerian woman trafficked to Iraq critically ill amid abuse, organ harvest allegations

by Salient Times Online
March 21, 2026
Next Post
Gov Abdulrazaq meets Kwara labour leaders on fuel subsidy removal

Gov Abdulrazaq meets Kwara labour leaders on fuel subsidy removal

ADVERTISEMENT
Salient Times Online

Salient Times Newspaper is a product of a dedicated Journalist and a public analyst.

Categories

  • Business
  • Celebrity Gist
  • Crime
  • Culture
  • Education
  • Entertainment
  • Fashion
  • Features
  • Food
  • Gist
  • Health
  • ICT
  • International
  • Interview
  • Lifestyle
  • Metro
  • National
  • News
  • Obituary
  • Opinion
  • Politics
  • Religion
  • Sponsored
  • Sports
  • Travel
  • World

Recent News

Amotekun Corps Declare Ogun Woman Wanted for Allegedly Jumping Bail

Amotekun Corps Declare Ogun Woman Wanted for Allegedly Jumping Bail

March 31, 2026
The Business Of Bombs :War, Wealth, and the World’s Most Profitable Industry   

The Business Of Bombs :War, Wealth, and the World’s Most Profitable Industry  

March 30, 2026

© 2023 Salient Times Online. All Right Reserved

No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Opinion
  • Culture
  • Entertainment
  • Lifestyle
  • About Us
  • Contact Us
  • Advertise With Us

© 2023 Salient Times Online. All Right Reserved