Nigeria’s Labour Party (LP) has said it would introduce a new minimum wage for manual labourers ranging between N80, 000 and N100, 000, if elected into power in the next general election in 2023.
LP has as its presidential and vice presidential candidates Peter Obi and Yussuf Datti.
Speaking on Thursday while appearing as a television guest, Ayo Olorunfemi, the LP’s deputy national chairman explains the promised wage level “depends on the nature of the job that would be given out.”
Olorunfemi, in his analysis, said, “For instance, the manual labourer out there does not take less than N2,500-N3,000 per day, which is still not okay as far as the reward system is concerned. If you divide N3,000 by six hours, you will be talking about N500 per hour,” he said.
“So, when you benchmark that against what we have now, certainly, you would be talking of something within the range of N500-N1,000 per hour depending on the nature of work, and at the end of the day, someone can effectively say that he can make up to N4,000 in a day. And when you multiply N4,000 in a day by 20 or 25, we are talking about N80,000 or N100,000 in a month for somebody who works very hard.”
Nigeria currently operates a minimum wage pegged at N30, 000.