Minimum Wage: Strike Looms As Deadline Expires Tomorrow, FG Begs Labour

Following the rejection of N60,000 proposed as the new minimum wage, the Federal Government has again extended an invitation to organised Labour for the continuation of minimum wage negotiations.

A source familiar with the issue noted that Labour would honour the invitation.

Osun Defender reports that the organised labour walked out during the meeting after the federal government’s latest proposal.

At the meeting, labour also lowered its demand by removing N3,000 from the N497,000 it proposed last week, pegging the new proposal at N494,000.

READ: Our State Will Be Among The First To Pay New Minimum Wage When Agreed – Governor Promises

The source said, “A letter has been addressed to Labour by the committee chairman and signed by the NSIWC chairman. The meeting is scheduled for Friday.

“Of course, Labour will attend. If they present a better offer on Friday we will accept it.”

Recall that the Nigeria Labour Congress and Trade Union Congress of Nigeria on May Day gave the committee till the end of the month to wrap up talks on a new national minimum wage.

The ultimatum will expire on Friday night.

Meanwhile, TUC President, Festus Osifo, said the ultimatum issued by labour remained following the breakdown of talks on Tuesday.

“We have an ultimatum on May Day that if by May end, we don’t have a new minimum wage that will take a worker home, we will not be able to guarantee industrial peace.

“We are sticking to that ultimatum,” Osifo said.