Supports – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 07 Jun 2023 08:20:58 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Supports – Tech | Business | Economy https://techeconomy.ng 32 32 Nigerian Government Faces 16 Key Demands from Trade Union Congress https://techeconomy.ng/nigerian-government-faces-16-key-demands-from-trade-union-congress/ https://techeconomy.ng/nigerian-government-faces-16-key-demands-from-trade-union-congress/#respond Wed, 07 Jun 2023 08:20:56 +0000 https://techeconomy.ng/?p=103874 The Trade Union Congress of Nigeria (TUC) has made a series of demands, including the implementation of a new minimum wage of N200,000 per month and a reversion to the previous pump price of N185 per liter for petrol.

The TUC called for a conducive environment for negotiation and stated that the minimum wage should be increased by the end of June 2023, with consequential adjustments for the cost of living allowance.

In a statement issued by TUC President Festus Osifo and Secretary General Nuhu Toro, the following demands were highlighted:

  1. Maintenance of the previous pump price of petrol (N185 per liter) while discussions continue.
  2. Increase in the minimum wage from the current N30,000 to N200,000, with consequential adjustments on the cost of living allowance.
  3. Inclusion of a representative of state governors in the negotiation process, with a commitment from all governors to implement the new minimum wage.
  4. Tax holiday for employees earning less than N200,000 or $500 per month, whichever is higher.
  5. Introduction of a PMS allowance for those earning between N200,000 and N500,000 or $500 to $1,200 per month, whichever is higher.
  6. Maintenance of a stable exchange rate for retailing PMS, with a limit of two percent fluctuation for the next 10 years. If the fluctuation exceeds two percent, the minimum wage will automatically increase at the same rate.
  7. Establishment of an intervention fund, with the government contributing N10 per liter on all locally consumed PMS, to address national issues in education, health, and housing. A governance structure involving labor, civil society, and government will manage the implementation.
  8. Provision of mass transit vehicles by the federal government and the immediate setup of a subsidized transportation system by state governments.
  9. Review of the National Health Insurance Scheme to cover more Nigerians and ensure an adequate supply of drugs.
  10. Visitation to refineries undergoing rehabilitation to assess the progress and establish a timeline for completion.
  11. Immediate constitution of the National Labour Advisory Council (NLAC) by the labor minister, allowing for discussions between government, labor, and employers on issues affecting workers.
  12. Provision of direct subsidies for food items, starting with the allocation of $800 million. Access to the National Housing Fund (NHF) for genuine workers, with a framework to be discussed and agreed upon.
  13. Deployment of Compressed Natural Gas (CNG) across the country as previously promised by the government, with the development of a framework and timeline.
  14. Reduction of the cost of governance by 15 percent in 2024 and 30 percent in 2025 through a joint framework between labor and government.
  15. Implementation of a comprehensive plan to maintain roads and expand the rail network nationwide, as well as the design of a social housing policy for workers through a rent-to-own system.
  16. Assessment of the state of electricity in the country and the formulation of an action plan with defined timelines for improvement.

The TUC’s demands encompass a range of issues, focusing on improving workers’ welfare, reducing the cost of living, and addressing infrastructure and social challenges in Nigeria

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