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    Fuel Subsidy: TUC demands N200,000 minimum wage

    Vincent OsuwoBy Vincent OsuwoJune 5, 2023No Comments4 Mins Read
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    NLC TUC: Organized labour said its national minimum wage negotiation would be base on the current economic reality
    The union also demanded an increase in the minimum salary from N30,000 to N200,000
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    The Trade Union Congress (TUC) has urged President Bola Tinubu to raise the country’s minimum salary in order to mitigate the effects of subsidy elimination.

    It stated that in order to implement the Petroleum Industry Act, the raise in minimum wage should be done by the end of June with the Cost of Living Allowance (COLA) taken into consideration.

    In a statement jointly signed by its president, Festus Osifo, and its secretary-general, Nuhu Toro, The union said these were parts of their demands during the ongoing negotiations with the Federal Government.

    • Fuel Subsidy: Court orders NLC, TUC to halt strike

    According to Osifo, they also urged that the “status quo ante of PMS pump price be maintained” while the conversation is ongoing, and that a representative of State Governors be a party to the communique, as well as that all governors commit to implementing the new minimum wage.

    The union also demanded for an “immediate review of the National Health Insurance Scheme to cover more Nigerians and prevent out of stock drugs”.

    The statement reads :

    “status quo ante of PMS pump price should be maintained while discussion continues

    “Minimum wage should be increased from the current N30,000 to N200,000 before the end of June 2023 with consequential adjustment on Cost of Living Allowance (COLA), like feeding, transport, housing,” TUC stated.

    ” We want PMS Allowance to be introduced for those earning between N200,000 to N500,000 or 500USD to 1,200USD whichever is higher.

    “The Exchange rate for retailing PMS in the country must be kept within a limit of +- 2% for the next ten (10) years where the fluctuation is more that 2%, the minimum wage will automatically increase at the same rate.

    “Setting up of intervention fund where government will be paying N10 per liter on all locally consumed PMS. The primary purpose of this fund is to solve perennial and protracted national issues in education, health and housing. A governance structure that will include labour, civil society and government will be put in place to manage the implementation.

    “Federal government should provide mass transit vehicles for all categories of the populace.

    “State Governments should immediately set up a subsidized transportation system to reduce the pressure on workers and students. The framework around this will be worked out.

    “Immediate review of the National Health Insurance Scheme to cover more Nigerians and prevent out of stock of drugs.

    “Visitation of the refineries that are currently undergoing rehabilitation to ascertain state of work and Setting up timeline for its completion.

    “The president should direct who ever will be labour minister to immediately constitute the National Labour Advisory Council (NLAC). This platform will be used by government, Labour and employer to discuss issues and policies of government that may affect workers and all other mandate as specified in the law.

    “Provision of subsidy directly for food items, the 800million dollars could be a first step.

    “The existing National Housing Fund (NHF) should be made accessible to genuine workers; the framework on this must be discussed and agreed.

    “Medium Term, Deployment of Compressed Natural Gas (CNG) across the country in line with the earlier promise made by government. The framework and timeline will be developed and agreed by both parties.

    “Labour and government to design a framework that will be geared towards the reduction of cost of governance by 15% in 2024 and 30% by 2025

    “A framework should be immediately put in place to maintain the road and expand the rail networks across the country. Government must design a framework for social housing policy for workers through Rent to Own System.

    “The state of electricity in the country must be appraised and an action plan should be defined with time lines on how to get this fixed. A strong monitoring team comprising of all parties will be constituted,” the statement added.

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    Gunmen kill 18 in fresh Plateau attacks

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    July 23, 2026
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    July 22, 2026
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