FG URGES PRIVATE SECTOR NOT TO RETRENCH WORKERS OVER NEW MINIMUM WAGE
Federal Government has appealed to the Organised Private Sector not to retrench its workers due the consequential adjustments resulting from the implementation of the new National Minimum Wage of N30,000.
Minister of Labour and Employment, Sen. Chris Ngige, made the appeal in Abuja on Monday during a Valedictory Session organised for him and the Minister of State by staff of the ministry.
According to him, the new minimum wage is for the lowest of low, that is grade level one and because of that the government is now carrying out the consequential adjustments.
“So, I am appealing to the organised labour unions of workers to assist government, as the load is going to be too big
“I want them to cooperate in order to get something good for those in the consequential adjustments level.
“I also want to plead with the Manufactures Association of Nigeria (MAN) and the Nigeria Employers Consultative Association (NECA) to get the private sector not to retrench as that is what President Muhammadu Buhari is afraid of – retrenchment.
“This government has never retrenched workers since we came and instead, we have employed more.
“So, we are pleading with the organised private sector not to retrench workers in a bid to adjust to the consequential adjustment of the new minimum wage,” he said.
He also appealed to labour unions to see reason with employers by ensuring industrial harmony in furtherance of the implementation of the new wage regime.
“I want to assure you that if you did not receive the minimum wage now, you are surely going to receive the arrears,” he added.