ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, April 18, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Top Stories

Breakdown of the Proposed N615,000 Minimum Wage By Organized Labour

The breakdown showed that N270,000 (for thirty days) was benchmarked for Food and N110,000 for Transportation.

by NewsOnline Nigeria
May 4, 2024
in Top Stories
0
NLC, TUC

The breakdown of the proposed N615,000 Minimum Wage by Organized Labour has emerged.

 

NewsOnline Nigeria reports that the Organized Labour, consisting of the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, has outlined details of its proposed N615,000 minimum wage.

 

This Nigeria news platform understands that the details were contained in a statement released by the NLC on Friday.

 

ALSO: Customs Import Duty Exchange Rate Surges Above Official Rate to N1,441/$

 

According to the statement, Food and Transportation took the larger proportion of the proposed minimum wage.

The breakdown showed that N270,000 (for thirty days) was benchmarked for Food and N110,000 for Transportation.

 

Others are Electricity/Power (N20,000), Accommodation (N40,000), Utility Water (N10,000), Kerosene/Gas (N35,000), Clothing (N20,000), Education (N50,000), Sanitation (N10,000) and Medicals (50,000) resulting to a total sum of N615,000.

 

Recall that Festus Osifo, President of TUC and Joe Ajaero, the President of NLC, in separate statements, had revealed the N615,000 minimum wage proposal.

 

Meanwhile, in his May Day message to workers, President Bola Tinubu said an upward review of the minimum wage is imminent.

 

The development comes as Nigerian workers grapple with high cost of living resulting from rising inflation, which stood at 33.20 per cent in March 2024.

Previous Post

Black Market Dollar To Naira Exchange Rate Saturday, 4th May 2024

Next Post

BREAKING: NERC Takes Major Step To Unbundle TCN And Establish NISO

Next Post
NERC

BREAKING: NERC Takes Major Step To Unbundle TCN And Establish NISO

Trending Stories

No Content Available

Latest Stories

JAMB 2026 Result

BREAKING: JAMB Set to Release First Batch of JAMB 2026 Result (Check Here)

LSSTF Boss Ayo Ogunsan

LSSTF Boss Ayo Ogunsan Visits Lagos Taskforce, Promises Increased Support for Security Operations

Margaret Banasko

5 Smart Saving Hacks Nigerian Freelancers Need to Survive Rising Living Costs By Margaret Banasko

Zoho Nigeria

Zoho Nigeria Promotes Women’s Digital Empowerment at Guardian Women Festival 2026

FirstBank

FirstBank Partners Ekiti Government to Launch Innovation Fund for Startups and SMEs

Airlines in Nigeria

BREAKING: Airlines in Nigeria Threaten Shutdown as JetA1 Price Hits N3,000/Litre

TIME 100 Most Influential People of 2026

Aliko Dangote, Donald Trump Named in TIME 100 Most Influential People of 2026

JAMB 2026 Result

2026 UTME Begins Nationwide as JAMB Deploys Biometric Verification and Tight Security Measures

CBN

CBN Introduces New BVN Rules: One-Time Phone Change, Fraud Watchlist, Stricter Access (FULL LIST)

Wema Bank

Wema Bank Targets Power, Blue Economy and Mining Investments to Drive Growth

NewsOnline Nigeria

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria