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Minimum Wage: Labour Eyes N100,000 As NEC Meets Monday

Minimum Wage: Labour Eyes N100,000 As NEC Meets Monday
  • PublishedMay 25, 2024

As the negotiations between the Organised Labour and the Federal Government heighten, workers has vowed not to accept anything less than N100,000 as minimum wage.

Punch reports that several impeccable sources from both the Trade Union Congress and Nigeria Labour Congress stressed that the Federal Government and the organised private sector should not expect labour to accept anything less than a six-digit offer.

The unions said the government was not serious about the negotiations, adding that the shift from N48,000 to N57,000 was too meagre to be considered as ‘shifting grounds’.

According to them, President Bola Tinubu promised to pay a living wage, when he came in, adding that N57,000 did not fall into that category.

The sources also noted that they were going to have a national executive council meeting on Monday in preparation for the meeting with the Tripartite Committee on Minimum Wage on Wednesday.

Osun Defender reports that the meeting on the ongoing negotiations on the new minimum wage was adjourned till Wednesday after Organised Labour rejected the new N54,000 minimum wage proposal by the Federal Government.

The Federal Government during the last meeting, upped its offer from its earlier proposed N48,000 to N54,000.

Tuesday’s meeting came as a result of the walkout staged by members of Organised Labour following the proposal of N48,000 as minimum wage by the Federal Government during last week’s meeting.

During that meeting, the OPS had also proposed N54,000 while labour insisted on its N615,000 living wage demand, which it later reduced to N497,000.

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