The Labour Party has said that if its presidential candidate wins the 2023 election, the country’s minimum wage can be as high as N80,000 to N100,000.Information Guide Nigeria

Ayo Olorunfemi, the Deputy National Chairman of the LP, stated this on the Sunrise Daily show of Channels Television.

Olorunfemi stated that the party is considering imposing N80,000 to N100,000 as the new minimum salary, depending on the employment, as opposed to the current N30,000, which does not reflect the reality of Nigerians, according to Olorunfemi.

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This is in response to the release of the LP’s long-awaited manifesto, with Obi advocating for hourly wage payments as opposed to the country’s monthly model.

Explaining further the deputy LP chairman said, “It depends on the nature of the job that would be given out. For instance, when you take a cursory look at the manual labourer out there, he 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.NYSC portal

“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.JAMB portal

“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. N80,000-N100,000 that is exactly where we are going!”

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