JUST IN: LABOUR REJECTS FG’S FRESH N60,000 MINIMUM WAGE OFFER, SHIFT T0 N494,000
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The Federal Government’s new minimum wage proposal has once again been rejected by organised labour.
This time, the Federal Government’s offer to pay ₦60,000 as the new minimum wage was turned down by organised labour, which is made up of the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC).
Additionally, organised labourchanged its position from ₦497,000 to ₦494,000 last week.
According to a well-known participant in the Tripartite Committee for the Negotiation of a New Minimum Wage for Nigerian Workers, the Federal Government and the organised private sector side of the negotiations proposed a ₦60,000 monthly minimum wage, up from ₦57,000 when the committee met last week.
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Last week, the government had first suggested 48,000 and 54,000, which the organised labour also rejected.
The new minimum wage proposed by organised labour was ₦615,000. However, they saw fit to lower their demand to ₦497,000 last week and ₦494,000 on Tuesday (today).
Nevertheless, there was no consensus reached on the amount to be paid as a new minimum wage, and the meeting concluded in impasse.
Just three days remain before the labour unions’ May 31 deadline for the government to wrap up the negotiations with the Tripartite Committee for the development of a new minimum wage for Nigerian workers.
The labour unions said the current minimum wage of ₦30,000 can no longer cater for the wellbeing of an average Nigerian worker, lamenting that not all governors are paying the current wage award which expired in April 2024, five years after the Minimum Wage Act of 2019 was signed by former President Muhammadu Buhari. The Act should be reviewed every five years to meet up with contemporary economic demands of workers.
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