President buhari releases statements on the new #30,000 wage

Following the recent NLC planned nationwide strike as the FG agrees to the 30,000 minimum wage for work,while Atiku also commend FG for the amicable Agreement for the quick consideration,president buhare releases full statement furthering the new appointed minimum wage, check statements below;

"On 27th November 2017, I inaugurated the
National Minimum Wage Committee with a
mandate to recommend a new minimum
wage for the workers of our country.
"This exercise became necessary for many
reasons. The last review took place in 2011.
We all know since then, the prices of key
consumables have increased and the most
vulnerable of our workers are struggling to
make ends meet.
"Since 2011, many changes have taken place.
Nigeria rebased its GDP to become the
largest economy in Africa. We reported very
strong GDP growth rates and exceptional
performance of our capital markets.
However, these reported successes did not
flow into the pockets and homes of majority
of Nigerians.
"In the last three years, we focused on
correcting this deficiency. We are working to
create a diversified and inclusive economy.
"We are pushing to clear pension arrears
owed to our retired workers with the limited
resources available to us.
"We supported state governments to pay
workers salary. And of course, we set up a
committee in order to review the minimum
wage of workers.
"In constituting this committee, we took into
account the need for all stakeholders to be
adequately represented - the government, the
private sector and most importantly the
workers. Our goal was to get an outcome
that was consensual.
"From the onset, we knew the committee had
a difficult task ahead of it. But at the same
time, we were also confident that the
patriotic and professional background of its
members would produce realistic, fair and
implementable recommendations that will be
considered by both the executive and
legislative arms of government.
"I am not surprised that the committee has
worked for close to one year. I am also not
surprised that on a few occasions, the
debates got heated and sometimes, these
differences came out.
"What is truly inspiring is that, in almost all
instances of disagreements, the committee
members always came back to the
negotiating table with a common goal of
improving the welfare of Nigerian workers.
On behalf of all Nigerians today, I want to
thank you for your commitment and
sacrifice in getting us to where we are today.
"In the past few days, I have been receiving
regular updates on your deliberations. And
today, I am pleased that you have completed
your work in a peaceful and non-
confrontational manner. The entire nation is
grateful to you all.
"The Committee Chairman highlighted some
of the challenges encountered during your
deliberations, especially as it relates to
having a consensus position acceptable by all
parties.
"I understand, on the government side, the
concerns raised were around affordability -
that today many states struggle to meet their
existing salary requirements.
"On the side of labour, the points raised
focused on the need for any increase to be
meaningful.
"In a way, both arguments are valid. I want
to assure you all that we will immediately
put in place the necessary machinery that
will close out these open areas. Our plan is to
transmit the Executive Bill to the National
Assembly for passage within the shortest
possible time.
"I am fully committed to having a new
National Minimum Wage Act in the very
near future.

"Let me use this opportunity to recognise the
leadership of the organized labour and
private sector as well as representatives of
State and Federal Governments for all your
hard work. The fact that we are here today,
is a notable achievement.
"As the executive arm commences its review
of your submission, we will continue to
engage you all in closing any open areas
presented in this report. I therefore would
like to ask for your patience and
understanding in the coming weeks.
"May I therefore, employ workers and their
leaders not to allow themselves to be used as
political weapons."
President buhari releases statements on the new #30,000 wage President buhari releases statements on the new #30,000 wage Reviewed by Ojo Ayomiotan Daniel,Tech savvy, c.e.o of Ayomiteblog media on November 06, 2018 Rating: 5

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