A governorship aspirant, on the platform of the All Progressives Congress (APC) in the just concluded governorship primaries in Ondo State, Hon. Olugbenga Edema, has said that workers in the country should not settle for N70,000 minimum wage.
A governorship aspirant, on the platform of the All Progressives Congress in the just concluded governorship primaries in Ondo State, Hon. Olugbenga Edema, has said that workers in the country should not settle for N70,000 minimum wage.
According to him a higher minimum wage must resonate with workers who strive tirelessly to contribute to the growth and prosperity of the state and the country which he said will ensure their financial stability in the face of daunting economic challenges. Edema, who represented Ondo State on the governing board of the Niger Delta Development Commission , argued that such an increase is necessary to align with the economic realities faced by workers in the country and to provide them with a decent standard of living.
“In 1981, the Nigerian working class achieved a monthly minimum wage of N125. At the prevailing exchange rate of N61/$1, this amount corresponded to $204.92 per month. May Day: FG’s 35% pay rise mischievous, living wage should be N615k - Ajaero“By 2011, the monthly minimum wage was raised to N18,000, which was equivalent to $113.92 at the prevailing exchange rate of N158 to $1.
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