NLC President Makes U-Turn, Says N1m Minimum Wage Will Collapse Nigeria’s Economy

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has warned that increasing Nigeria’s minimum wage to ₦1 million without first addressing the rising cost of living could have serious consequences for the country’s economy.Speaking during an interview on Channels Television on Thursday, Ajaero said discussions between organised labour and the Federal Government should go beyond demands for higher salaries, stressing that the real priority should be making life more affordable for ordinary Nigerians.