In an exclusive development, our sources reveal that the Federal Government has raised its proposed minimum wage to N54,000 following a standoff with Organised Labour. This significant increase from the initial N48,000 proposal comes amidst tensions brewing between the government and labour unions.
Despite this upward adjustment, tensions persist as the proposed amount falls far short of the N615,000 demanded by Organised Labour. Joe Ajaero, President of the Nigeria Labour Congress, emphasized that the proposed figure fails to align with the economic realities facing Nigerian families.
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While the government and Organised Private Sector (OPS) urge a return to negotiation, Ajaero defends the union’s decision to withdraw, citing the disparity between proposed wages and prevailing standards. He emphasizes the need for transparent negotiation processes, accusing the government of lacking data to support its offer.
The Tripartite Committee on Minimum Wage, inaugurated by President Tinubu, continues its deliberations amidst mounting pressure to reach a resolution before the current N30,000 wage expires. Vice President Kashim Shettima underscores the urgency of the committee’s task, urging swift action to ensure a timely implementation of the new wage.
As the nation awaits the outcome of these negotiations, the voices of Nigerian workers grow louder, advocating for fair wages that reflect their contributions to national development. With both sides entrenched in their positions, the path towards a consensus remains uncertain, highlighting the complexities of wage negotiations in Nigeria’s socio-economic landscape.