Sunday, 21 July 2024 04:49

New minimum wage barely enough to buy one bag of rice, Ndume hammers Tinubu again

Rate this item
(0 votes)

Borno South senator Ali Ndume has criticised the new N70,000 minimum wage approved by President Bola Tinubu for Nigerian workers.

Ndume, a member of the All Progressives Congress (APC) as the president, said the approved minimum wage cannot sustain a household because it can only buy 50kg of rice.

The senator stated this in a viral video posted by Channels Television on Friday.

Tinubu and the leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) met on Wednesday at the State House and agreed on the new minimum wage.

While the government reviewed its offer from N62,000 to N70,000, the labour leaders led by the NLC President, Joe Ajaero, and his TUC counterpart, Festus Osifo, brought their demand down from N250,000, which they had earlier proposed at the last meeting of the Tripartite Committee on New Minimum Wage.

The labour leaders have since accepted the new wage.

Ndume, who was removed as Senate chief whip on Wednesday for criticising Tinubu, advised him to review the new minimum wage to show solidarity with Nigerians.

“People are suffering, people are angry, people are not happy. I am happy that yesterday, the president agreed with NLC to increase the salary to N70,000, which is a good move, but it takes more than that because, realistically, that is like a bag of rice, money that will buy a bag of rice or cover the cost of a bag of rice.

“So, I call on the president to still open up and listen to the people,” Ndume said.

The outspoken senator was fired as Senate principal officer following a letter from Abdullahi Ganduje, the APC national chairman and Basiru Ajibola, the party’s national secretary.

In the letter, the APC leaders referenced an interview Ndume granted where he criticised the Tinubu administration and subsequently recommended that the Senate relieve him (Ndume) of his position.

In response to the letter, Ndume reiterated that many Nigerians are angry because of the harsh economy.

Cost of basic foodstuff

Meanwhile, PREMIUM TIMES reviewed Mr Ndume’s comment and discovered that a bag of rice costs over N70,000, the new minimum wage.

In a market survey by this newspaper on Saturday, 50kg of rice was sold between N78,000 and N79,000.

Also, 50kg of white garri is sold between N57,000 and N58,000, while 50kg of brown beans is N130,000. Yam is N8,000 for five pieces while a basket of tomatoes goes for N10,000.

In May, The National Bureau of Statistics (NBS) said the country recordedan increase in the price of five essential food items by 140.4 per cent in April.

According to the NBS, the food items are local rice, garri, tomatoes, beans and yams.

 

PT

June 12, 2025

Oil prices rise to 2-month highs on worries of escalating US-Iran tension

Oil prices edged higher on Thursday to their highest in more than two months, after…
June 12, 2025

Nationwide protests loom as Tinubu addresses N’Assembly on Democracy Day

Tension is high as the Take It Back Movement leads nationwide protests today, June 12,…
June 12, 2025

Self-made millionaire shares the hardest money conversation he had with his wife: ‘I’m sweating thinking about it’

Self-made millionaire, author and TV host Ramit Sethi knows a thing or two about money.…
June 07, 2025

‘Nigerians are marrying all our daughters’, Kenya’s President Ruto, cries out

Kenyan President William Ruto has stirred up a storm on social media with his provocative…
June 10, 2025

13 killed in fresh attacks in sokoto and plateau states amid rising insecurity

At least 13 people have been killed in separate violent incidents in Sokoto and Plateau…
June 12, 2025

Here’s the latest as Israel-Hamas war enters Day 615

US slams UN conference on Israel-Palestinian issue, warns of consequences U.S. President Donald Trump's administration…
June 10, 2025

Apple announces biggest software changes in years

Apple on Monday announced sweeping changes to its product ecosystems, including a wide-ranging revamp of…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.