The breakdown showed that N270,000 was benchmarked for Food and N110,000 for Transportation. Others are Electricity/Power , Accommodation , Utility Water , Kerosene/Gas , Clothing , Education , Sanitation and Medicals 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.
Minimum Wage
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