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Home Featured

Labour Rejects FG’s Fresh N57,000 Minimum Wage Proposal, Shifts To N497,000

by ReportersAtLarge
May 23, 2024
in Featured, News
Reading Time: 2 mins read
0
Organised Labour insists on Living Wage Minimum Wage

FILES: Labour leaders Festus Osifo (second left) and Joe Ajaero (second right) at the 2024 Workers’ Day in Abuja.

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The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) – Organised Labour – have once again turned down the Federal Government’s latest proposal for a minimum wage of N57,000.

On Wednesday, when negotiations began, Organised Labour rejected the government’s latest offer—the third one in roughly a week.

But the NLC and TUC moved their ground, going from their original N615,000 to N497,000.

A prominent member of the Tripartite Committee for the negotiation of a new minimum wage for Nigerian workers told Channels Television labour correspondent that the Federal Government and the Organised Private Sector side of the talks proposed a N57,000 monthly minimum wage as against the N54,000 they proposed on Tuesday when the committee resumed negotiations. The government had initially proposed N48,000 last week, which was also rejected by the Organised Labour.

According to the source, the Organised Labour also saw reasons to drop their demand from the initial N615,000 minimum wage to N497,000.

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The Organised Labour had pulled out of the negotiation last week, accusing the government and private sector of showing unwillingness to agree on a new minimum wage.

At the resumption of the negotiations on Tuesday, the NLC and the TUC also rejected the new proposal of N54,000 minimum wage by the government.

The committee is yet to agree on a new minimum wage just about 10 days before the May 31 deadline the labour unions gave to the government to conclude the negotiations.

On Tuesday, NLC President Joe Ajaero described as “unsubstantial”, the fresh proposal by the government. “It is still not substantial compared to what we need to make a family moving,” the labour leader said on Channels Television’s Politics Today.

“There is nothing on the table…We may be reconvening tomorrow (Wednesday) in the afternoon to continue negotiations.”

He said, “The economy of the workers is totally destroyed. In fact, the workers don’t have any economy. I think there are two economies in the country; the economy of the bourgeoisie and the economy of the workers. I think we have to harmonise this so that we can have a meeting point.”

Tags: Minimum WageNigeria Labour CongressOrganised LabourTrade Union Congress
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Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

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