N1m salary useless without strong economy – NLC

The Nigeria Labour Congress (NLC) says adjacent a monthly wage of ₦1 cardinal volition not beryllium meaningful to workers if Nigeria does not person a unchangeable currency and a stronger economy.

The NLC President, Joe Ajaero, said this successful an interrogation with the News Agency of Nigeria (NAN) connected Tuesday successful Abuja.

He said workers are much acrophobic astir the worth of the naira than conscionable increases successful salary.

He warned that ostentation has continued to trim what radical tin really bargain with their income.

“Even if Nigerian workers gain ₦1 million, it volition not beryllium meaningful if the naira has nary value,” helium said.

According to him, what workers request is simply a currency that tin prolong them and their families passim the month.

“What we are looking for is simply a currency that tin prolong workers and their families astatine slightest to the extremity of the month,” Ajaero added.

He explained that rising outgo of surviving has made beingness hard for workers, particularly successful areas specified arsenic food, transport, and housing.

On the contented of minimum wage, Ajaero said negotiations person not yet begun.

He stressed that the process is guided by instrumentality and follows ...