The President of the Nigeria Labour Congress, Joe Ajaero, has explained why a N1,000,000 minimum wage would collapse the Nigerian economy.
He disclosed this during an interview on Channels Television on Thursday.
Ajaero said that while the NLC and the Federal Government were in talks over a minimum wage review, the real issue was to reduce the cost of living and boost the purchasing power of the country’s currency.
Read Also: Sunday Dare Claims Many Are Ready to Risk Their Lives for Tinubu
Ajaero stressed that the government must first address the underlying factors driving the high cost of living and strengthen the purchasing power of the country’s currency.
“N1,000,000 minimum wage will collapse the Nigerian economy,” he stated.
His comments come as the Federal Government recently approved a N70,000 transport allowance for workers amid rising fuel prices and the increasing cost of living.
This is another opportunity to own a faster-loading website to expand your business and take it digitally online. Meet the best website designer/master coder for any kind of website. Contact them now it is affordable Chat now: 09077260922
ALAGA360.COM.NG Advertisement Rate CardReach Thousands of Readers Across Nigeria and Beyond
Display Advertisement Rates
| Advertisement Type | Size | Duration | Price |
|---|---|---|---|
| Homepage Banner | 728 × 90 px | 1 Week | ₦30,000 |
| Homepage Banner | 728 × 90 px | 1 Month | ₦100,000 |
| Sidebar Banner | 300 × 250 px | 1 Month | ₦50,000 |
| Sponsored Article | Full Page | Permanent | ₦50,000 |
| Featured News Publication | Full Article | Per Post | ₦20,000 |
| Event Promotion | Article + Banner | 1 Week | ₦40,000 |
| Political Campaign Coverage | Article + Interview | Per Package | ₦100,000 |
| Business Profile Feature | Full Article | Permanent | ₦75,000 |
| Social Media Promotion | All Platforms | Campaign | Contact Us |
Special Advertising Packages
🥉 Bronze
- ✔ 1 Sponsored Article
- ✔ 1 Month Sidebar Banner
- ✔ Social Media Promotion
🥈 Silver
- ✔ 2 Sponsored Articles
- ✔ Homepage Banner (1 Month)
- ✔ Social Media Promotion
- ✔ Interview Publication
🥇 Gold
- ✔ Unlimited News Coverage
- ✔ Homepage Banner
- ✔ Featured Interview
- ✔ Social Media Campaign
- ✔ Event Coverage
[…] Read Also: NLC President Ajaero Opposes N1m Minimum Wage, Cites Economic Risks […]