The National Labour Congress, NLC, president, Joe Ajaero has asked the federal government to consider increasing monthly minimum wage to N1m due to inflation and worsening economic hardship.

Ajaero stated this on Sunday in an interview with Arise Television.

According to the NLC president, the new minimum wage must reflect the country’s economic conditions, adding that as long as the dollar keeps rising against the naira, the demands for a higher minimum wage will be inevitable.

He reiterated that the initial N200,000 minimum wage proposal is no longer tenable, citing the soaring price of food items and inflationary pressure in the economy.

He said the organized Labour is meeting with the Federal Government on Monday to discuss resolutions around the strike notice issued by the NLC and Trade Union Congress, TUC.

“We have to factor in all these issues. And that will determine the federal government’s commitment to these negotiations,” he said.

Recall that organized Labour issued a 14-day nationwide strike notice last week.

However, President Bola Ahmed Tinubu’s administration had appealed to workers not to embark on a strike over the country’s economic condition.