A committee has been set up by the Oyo state government for an upward review of the current minimum wage in line with present realities following the federal government’s removal of subsidy from petroleum products.
Announcing the committee at a meeting, Governor Seyi Makinde tasks the team to consider it a mandate in reaching a resolution on a new minimum wage as well as assist the government in initiating modalities to increase the Internally Generated Revenue (IGR).
Governor Makinde who maintains that there has been no trust deficit between government and the labour unions in the state assures that his administration remains poised to increase IGR and positively impact the people’s social economic wellbeing.
Earlier, Oyo state chairman, Nigeria Labour Congress Comrade Kayode Martins who led a delegation of labour leaders to the meeting, says the review of the new wage is long overdue, lamenting that the hardship being experienced by Nigerian workers has become worrisome
He however appealed to federal governmet to thread with caution in handling the issue of subsidy removal.
The committee which has eight weeks to complete its mandate, comprises senior government officials and representatives across various unions affiliated to the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC).