NLC Urges National Assembly for Regular Wage Reviews Aligned with Economic Realities

The Nigeria Labour Congress (NLC) has urged the National Assembly to collaborate closely with the tripartite committee on the new minimum wage to establish a structured framework for regular and systematic wage reviews.

This initiative aims to ensure that wages are adjusted to reflect prevailing inflation rates and the cost of living in Nigeria.

Speaking at a national retreat organized by the National Institute for Legislative and Democratic Studies (NILDS) in Abuja, NLC President Joe Ajaero emphasized the critical need for legislative intervention.

He stressed that timely wage adjustments are essential to address the economic challenges faced by workers amidst inflation and rising living costs.

During his address under the theme “Labour Reforms and the Quest for a Living Wage in Nigeria: A Focus on Legislative Interventions,” Ajaero underscored the importance of updating the country’s labour laws.

He called on lawmakers to revise these laws to better protect workers’ rights and ensure fair compensation, safe working conditions, and protection against unfair labour practices.

Ajaero also urged the National Assembly to expedite the review of labour administration laws, which have been pending since their tripartite process approval some years ago. He highlighted the necessity for these laws to be transmitted by the executive to the Assembly promptly.

“We urge NASS to collaborate with the tripartite committee to establish mechanisms for regular and systematic wage reviews,” Ajaero stated. “This is crucial to keeping wage levels in sync with inflation and the cost of living.”

He further emphasized, “Workers are vital contributors to our economy and deserve reasonable compensation. Addressing the present economic challenges requires ensuring fair income distribution.”

Ajaero called on legislators to focus on strengthening social security systems to provide a safety net for workers during economic hardships, unemployment, or health crises. He urged the National Assembly to foster inclusive dialogue through effective social dialogue laws, ensuring balanced policies that meet the needs of all stakeholders.

“Additionally,” Ajaero added, “laws should encourage continuous investment in education and vocational training to equip our workforce with the skills necessary for success in today’s job market.”

The remarks by Ajaero reflect the NLC’s ongoing efforts to advocate for legislative reforms that prioritize workers’ rights and economic stability amidst Nigeria’s evolving economic landscape.