He stated this against the backdrop of the newly approved minimum wage of N70,000 by President Bola Tinubu which was also passed into law on Tuesday by the National Assembly. Ali argued that the current system of a uniform national minimum wage did not account for the economic disparities between states, which could lead to adverse outcomes such as job losses and financial strain on less affluent states. Labour unions, on the other hand, staunchly opposed this move, arguing that it could lead to disparities in workers’ pay and conditions across different states. He stated, “Ensuring a fair minimum wage is not only a matter of economic justice but also a fundamental aspect of maintaining social stability and national cohesion. We all claim that we are running a federal system.

Source: Punch July 27, 2024 11:02 UTC