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In a chat with Femi Akande on TVC’s ‘Politics on Sunday’, Ajuri Ngelale, presidential spokesperson, highlighted the “consequences” should labour have its way.embarked on a nationwide strikeThe labour unions initially proposed N615,500 as the minimum wage, citing the high cost of living, before the demand wasSpeaking on the situation, Ngelale said the national minimum wage threshold would be binding on government, the private sector and small businesses.
“But he also recognises that there are economic realities and fundamentals within the country right now that do not support what the organised Labour movement is advocating for, and I want to be very clear this evening about what the consequences would be if organised labour had its way,” he said.
“This has ramifications. Essentially, we’re moving from the current minimum wage where it is to, if labour got its way, something north of N500,000 per month; you’re looking at almost 20 times, right?
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