The House of Representatives has urged President Muhammadu Buhari to direct the Minister of Labour and Employment to commence the process of negotiating an upward review of the current minimum wage. This followed the unanimous adoption of a motion moved by Rep. Peter Akpatason (Edo-APC), during plenary on Thursday. Akpatason, while noting that payments of outstanding debts to contractors and arrears of salaries and pensions to workers had contributed to the reflation of the economy, said that an upward adjustment of the minimum wage would have similar positive effect on the economy.
The lawmaker told his colleagues that a combination of high inflation rates and the weak exchange value of the Naira had eroded the purchasing power of fixed income earners in the country. “Such fixed income earners are the bread winners to millions of jobless Nigerians and the aged. A nationwide strike action embarked upon by workers at this time is capable of rolling back recent economic gains. Such strike could return the nation’s fragile economy into recession that will further exacerbate the suffering of the masses,” he added. Speaker Yakubu Dogara, mandated the Committee on Employment, Labour and Productivity to ensure implementation of the directive.