The President of the Nigeria Labour Congress (NLC), Joe Ajaero, says the Organised Labour rejected a proposal by President Bola Tinubu to pay 250,000 naira minimum wage and increase petrol prices.

The pump price of petrol jumped from 184 naira in May 2023 when Tinubu declared that “subsidy is gone” to about 700 naira at the moment, depending on the part of the country.

Ajaero also said the Organised Labour agreed to 70,000 naira as the new minimum wage for Nigerian workers because the wage reviews in the country will no longer be every five years but once in three years.

President Tinubu is expected to send an executive bill to the National Assembly on the agreed rate for onward legislation.