Organised Labour leaders have confirmed accepting the N70,000 minimum wage President Bola Tinubu approved for Nigerian workers.
The President announced the offer earlier in the day at a meeting with the labour leaders at the Presidential Villa in Abuja.
Speaking after the meeting, Comrade Joe Ajaero, President of Nigeria Labour Congress (NLC), flanked by Comrade Festus Usifo, President of the Trade Union Congress (TUC), and other representatives of Nigerian workers, said the unions agreed to the offer because of other incentives attached.
He said another reason for accepting the offer is that the president promised a review every three years as against what was obtainable in the past.
The labour leaders had initially demanded a minimum wage of no less than N250,000. However, the agreed amount, coupled with the promise of periodic reviews, persuaded the unions to accept the N70,000 offer.
