Minimum Wage: Anxiety As Labour Await Tinubu’s Verdict

By Oyewale Oyelola

The negotiation by Tripartite Committee on National Minimum Wage has been concluded without agreeable figure by parties concerned.

The Tripartite Committee inaugurated in January 2024 comprises representatives of Federal Government, States, Organized Private Sector and Organized Labour (Nigeria Labour Congress and Trade Union Congress).

Recall that the committee held final meeting on Friday, June 7 with the government team raising proposed minimum wage to N62,000 while Labour reduces their demand to N250,000.

Our Correspondent reports that The Committee Chairman, Alhaji Bukar Goni Aji on Monday submitted their report to the Secretary to the Government of the Federation, Senator George Akume.

In a statement issued by Director Information and Public Relations SGF Office, Segun Imohiosen said, the Committee was tasked with the responsibility of recommending a new national minimum wage for Nigerian workers in public and private sectors.

His words: “The Tripartite Committee on National Minimum Wage has concluded its assignment and submitted Report to the Secretary to the Government of the Federation on Monday, 10th June, 2024.

President Bola Tinubu with NLC President, Joe Ajaero, TUC President, Festus Osifo and NUPENG President at Presidential Villa Abuja.

“A formal presentation of the Report will be made to Mr. President for appropriate action, when the leadership of the Organised Labour as well as representatives of Government and Organised Private Sector, who are presently in Geneva, Switzerland for the ongoing International Labour Organisation (ILO) Conference, return to the country.”

Meanwhile, the President Nigeria Labour Congress, Comrade Joe Ajaero has stated that Organized Labour cannot embark on strike action in spite of the way minimum wage negotiation ended.

Ajaero explained that the Labour will wait for President Bola Tinubu’s decision on the new minimum wage.

NLC President, announced this decision during the current International Labour Conference taking place in Geneva, Switzerland.

He said: “We cannot declare strike now because the figures are with the President. During the tenure of the immediate past President, the figure that was proposed to him was N27,000 by the tripartite committee but he increased it to N30,000.

“We are hopeful that this President will do the right thing. The President had noted that the difference between N62,000 and N250,000 is a wide gulf,”

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