…By Dorcas Funmi for TDPel Media. Former Senator Shehu Sani has shared his thoughts on the Trade Union Congress (TUC) proposition to increase the National Minimum Wage from N30,000 to N200,000 in response to the removal of fuel subsidy by the Federal Government.
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TUC’s Proposal:
During a meeting held at the Presidential Villa, the TUC, led by Bola Tinubu, put forward a joint statement requesting consequential adjustments to the Cost of Living Allowance (COLA).
They specifically mentioned areas such as feeding, transport, and housing.
Additionally, the TUC proposed a petrol allowance and a tax holiday for workers earning less than N200,000 or 500 USD per month, regardless of whether they are in the government or private sector.
Enforcement and State Obligations:
The TUC is also demanding that all state governors commit to implementing the new wage before the end of June 2023.
Shehu Sani’s Response:
In a tweet shared on his verified Twitter account, Shehu Sani reacted to the proposition of a N200,000 minimum wage, acknowledging that it sounds appealing but emphasizing that it is unrealistic.
He pointed out that many states are still not paying the current minimum wage, unless the government plans to print more money.
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Realities of Minimum Wage Payment:
Sani reminded the TUC that the current situation regarding minimum wage payment is not satisfactory, as several states have yet to meet the N30,000 requirement.
His statement implies that increasing the minimum wage without resolving existing payment issues may not be feasible, unless the government resorts to printing more money.
Conclusion:
Shehu Sani’s response highlights the practical challenges of implementing a significant increase in the minimum wage, considering the current state of payment in many states.
His comment suggests that resolving existing payment discrepancies should be a priority before considering further increases.
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