The Director-General of the Manufacturing Association of Nigeria (MAN), Mr. Ajayi Kadri, has revealed the federal government and the private sector have decided to set the new minimum wage at N60,000.
In an interview with Channels TV on Saturday in Abuja, he revealed this to the public and emphasized that the N60,000 would be the lowest salary any worker in the nation would receive.
He said, “To start with, this is a very difficult time for anyone to negotiate minimum wage. From the perspective of government, labor, and organized private sector, we operate in an environment where there is general acceptance of the fact that the macroeconomics are not right, even the global economy is experiencing a lot of shakeups and the aftermath of government necessary reforms.
“From the beginning of the negotiations of the minimum wage, it’s evident to the tripartite— that is the government, labor, and organized private sector— that we are going to operate in a difficult terrain.
“Incidentally, the organized private sector and government have offered N60,000 as the minimum wage and I think it is very important for us to understand that what we are talking about is the minimum wage.
“That is what some people have called the walk-in wage. That is the amount we will pay the least workers in the country. It is the minimum wage we are negotiating, not a living wage.”
