Labour Withdraws From Minimum Wage Talks Over Alleged N48,000 Proposal By Govt

The Organised Labour has withdrawn from the ongoing minimum wage negotiations after the government and the organized private sector, OPS, made what labour described as “ridiculous offers” of N48, 000 and N54, 000 respectively.

According to Vanguard, sources in the meeting, while government did not provide any data to back up its proposal unlike Organised Labour, OPS on the other hand, said none of its members pays less than N78,000.

Osun Defender recalls that the Labour unions had stood their ground on their proposal of N615,000 minimum wage while insisting on May 31, 2024 deadline.

The development comes after the failure of the Federal Government to present a nationally acceptable minimum wage to Nigerians following the expiration of the old minimum wage on April 18, 2024.

President Bola Tinubu, through the Vice President, Kashim Shettima, on January 30, 2024 inaugurated the 37-member  tripartite committee to come up with a new minimum wage.

The NLC and the TUC, in different states, proposed various figures as a living wage, referencing the current economic crunch and the high costs of living.

In their different proposals on the minimum wage, the NLC asked the South-West states to pay N794,000 as the TUC mentioned N447,000.