The Organised Private Sector (OPS) has warned that members cannot pay the N70,000 national minimum wage announced by President Bola Ahmed Tinubu’s led federal government without support….CLICK HERE TO CONTINUE READING>>

OPS spokesperson and director general of the Nigeria Employers’ Consultative Association (NECA), Adewale-Smatt Oyerinde, made this statement while reacting to President Tinubu’s approval of N70,000 as the new national minimum wage.

Recall that on Thursday, President Tinubu noted that his government can only pay Nigerian workers N70,000 as the minimum wage. This is after meeting with labour leaders at the Presidential Villa.

This came weeks after FG offered N62,000 but the Joe Ajaero-led NLC insisted that labour would not accept any offer from Tinubu that is less than N250,000 as the new minimum wage.

Joe Ajaero, the president of the NLC, commended President Tinubu for his willingness to engage in dialogue and find a mutually beneficial solution.

He explained that the union accepted the minimum wage because of other incentives attached to it.

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But reacting to the development, the OPS has appealed to the president to come to their rescue, Vanguard reported.

OPS spokesperson, Adewale-Smatt Oyerinde, said:

“While we commend the President for putting to rest the immediate issue of the National Minimum Wage, we also note, most importantly his commitment to support the sub-nationals and the Organized Private Sector to pay the new wage.”
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