The Nigeria Labour Congress said on Friday that the inflation rate of 18.17 per cent has reduced the value of the N30,000 minimum wage. The Chairperson, NLC Lagos State Council, Funmi Sessi, told our correspondent in an interview that the challenges faced by workers were enormous. She said the news of the minimum wage was no longer exciting to workers, considering the increase in prices of many items, as well as the increased electricity tariff. N30,000 minimum wage has lost its value. Adekomi said the workers were fully prepared for the International Workers Day celebration this year, especially since it was not observed last year.

Source: Punch May 01, 2021 23:15 UTC