President Buhari approves N30,000 minimum wage
President Muhammadu Buhari has approved the N30,000 minimum wage recommended by the tripartite committee.
He made this known when he received the report of the committee on the review of the national minimum wage at the Presidential Villa in Abuja.
President Buhari said, “We will continue to engage you all in closing any open areas presented in this report. I therefore would like to ask for your patience and understanding in the coming weeks”
Organised labour had announced a strike action that was to begin on Tuesday, but it was later suspended after an agreement was reached.
From N18,000 to N30,000, will this new minimum wage make any difference for ordinary Nigerian workers? You will find a few answers in these Twitter reactions:
Quick reminder that the N30,000 that the Federal Government is refusing to pay as minimum wage, equals a total of N12.6m after 35 years of work. Your average Senator takes home about N13.5m MONTHLY.
How can we grow if we don’t reduce the divergence in wealth caused by inequality?— Akondu (@DavidAkondu) November 6, 2018
N30,000 minimum wage is okay for someone living in Gombe or Taraba not someone in a big city like Lagos, Abuja or Port Harcourt.
— Ebuka Akara (@ebuka_akara) November 6, 2018
If ₦30,000 is approved, then ₦30,000 X 12 months = ₦360,000 per annum
If a worker works for 35 years, then ₦360,000 X 35 = ₦12.6Million
Which means what the minimum wage earner will receive in his/her LIFETIME of work is less than what some SENATORS receives in a MONTH.— M O R E N I K E J I M I (@mzgbeborun) November 5, 2018
In other President Buhari news:
The Nigerian President on Tuesday received Queen Elizabeth II’s eldest child, Charles, Prince of Wales and his wife, Camilla, Duchess of Cornwall at the State House in Abuja.
The two are on a nine-day official tour of West Africa and they have been at Gambia and Ghana, before Nigeria.
President @MBuhari receives Royal Highnesses, The Prince of Wales and Duchess of Cornwall at the State House, Abuja. #RoyalVisitNigeria pic.twitter.com/cAF5nGhkOf
— Bashir Ahmad (@BashirAhmaad) November 6, 2018
2018 is officially the year of Idris
.@IdrisElba is PEOPLE’s #SexiestManAlive 2018: It’s ‘an Ego Boost for Sure’ https://t.co/zUiNS2FyqE pic.twitter.com/zLChsSQzeZ
— People (@people) November 6, 2018