The Nigeria Labour Congress (NLC) has announced plans to begin a renewed push for a cost of living allowance (COLA) for Nigerian workers, citing the growing economic hardship that has rendered the new minimum wage ineffective.
NLC President Joe Ajaero, speaking in an interview with Vanguard, said the current N70,000 minimum wage has been significantly eroded by inflation and rising living costs since it was introduced. He described the economic realities faced by workers as “biting seriously” and said the wage is no longer sufficient to meet basic needs.