N30,000 New Minimum Wage: Why Private Companies Shouldn’t Sack Their Workers – Ngige

The Organised Private Sector has been urged not to sack their workers due to the expected implementation of the new National Minimum Wage of N30,000.

The appeal was given by the Minister of Labour and Employment, Sen. Chris Ngige, in Abuja today, at a Valedictory Session which was organised for him and the Minister of State by the staff of the ministry.

He stated that the new minimum wage is for those at the lowest cadre, which has prompted the government to carry out consequential adjustment.

“So, I am appealing to the organised labour unions of workers to assist the government, as the load is going to be too big

“I want them to cooperate in order to get something good for those in the level of the consequential adjustments.

“I also want to plead with the Manufacturers Association of Nigeria (MAN) and the Nigeria Employers Consultative Association (NECA) to get the private sector not to retrench as that is what President Muhammadu Buhari is afraid of – retrenchment.

“This government has never retrenched workers since we came and instead we have employed more.

“So we are pleading with the organised private sector not to retrench workers in a bid to adjust to the consequential adjustment of the new minimum wage,” he said.

He further begged the labour union to understand employers by ensuring industrial harmony in furtherance of the implementation of the new wage regime.

“I want to assure you that if you did not receive the minimum wage now, you are surely going to receive the arrears,” he added.

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