N18k no longer realistic as minimum wage - NLC boss

NLC Chairman, Comrade Ayuba Waba has called on the Nigerian government to increase the minimum wage of workers from N18,000, saying the old minimum wage was no longer realistic in the face of the increasing exchange rate. 

Speaking after a meeting with Senate President Bukola Saraki, Comrade Waba said the NLC intends to submit a new minimum wage demand to the National Assembly. 

He added that as at the time when the wages of workers was increased to N18,000, the exchange rate was about N140 but with the new exchange rate, the value of the N18,000 minimum wage had decreased.

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