Business

TUC urges FG to resume payment of N35,000 wage award 

The Trade Union Congress (TUC) has called on the federal government to resume the payment of the N35,000 wage award promised to workers by President Tinubu during his Independence Day address to the nation.  

Addressing reporters after the National Executive Council meeting on Tuesday in Abuja, Mr. Festus Osifo, President of TUC, remarked that President Tinubu’s announcement of the N35,000 wage award on October 1 as a six-month palliative for workers, following the fuel subsidy removal, was only executed once.  

The payment, part of the agreement between the Federal Government and organized labour, has not been repeated since October, as stated by Osifo. 

He urged the private sector to fulfil its obligations regarding the wage award. 

Usifo stated that during the NEC session, they took note of Tinubu’s recently submitted budget to the National Assembly. 

He expressed concern over the state of the debt, which continues to increase, posing a significant burden.   

He urged the Federal government to promptly address the issue. 

The TUC President emphasized the ongoing suffering of the people due to the prevailing hardships in the country. 

He called on governments at all levels to exercise fiscal prudence in managing the scarce resources of the country.