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National Affairs

Labour Discards FG’s ₦60,000 Minimum Wage Proposal

adminadminMay 28, 2024 1,2441 Minutes read0
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By Joke Kujenya

ONCE AGAIN, the Organized Labour has rebuffed the Nigerian federal government’s proposal of ₦60,000 for the minimum wage, marking the fourth offer rejected within a span of about two weeks.

At the latest negotiation meeting of the tripartite committee on a new minimum wage, the Union stood firm in its refusal, instead adjusting its demand to ₦494,000.

The rejection signifies a continued impasse in negotiations, with both sides failing to reach a consensus just days before the May 31 deadline set by labour unions.

The deadlock highlights the deepening rift between Labour and the government, as discussions remain deadlocked over the crucial issue of wage reform.

Labour, represented by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), remains resolute in its stance that the current minimum wage of ₦30,000 is inadequate to meet the needs of workers.

Despite adjustments to their initial demand of ₦615,000, Labour insists on a figure that reflects the economic realities faced by workers across the country.

The failure to reach an agreement underscores the urgency of addressing the widening gap between the cost of living and workers’ wages.

Labour leaders emphasize the pressing need for a substantial increase in the minimum wage to ensure the well-being and livelihoods of Nigerian workers.

NLC President Joe Ajaero has criticized the government’s proposals as “unsubstantial,” emphasizing the urgent need for a wage increase that enables workers to sustain their families and improve their standard of living.

With the current economic challenges facing workers, Labour remains steadfast in its demand for a minimum wage that reflects the true value of their contributions to the nation’s economy.

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