Minimum Wage: Labour Settle for N100,000

The Organised Labour has said it will not accept anything less than N100,000 as minimum wage as the negotiations between its representatives and the Federal Government heighten.

Several impeccable sources from both the Trade Union Congress and Nigeria Labour Congress who spoke to Saturday PUNCH stressed that the Federal Government and the organised private sector should not expect labour to accept anything less than a six-digit offer.

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The unions said the government was not serious about the negotiations, adding that the shift from N48,000 to N57,000 was too meagre to be considered as ‘shifting grounds’.

They noted that the promise made by President Bola Tinubu when he became President and on Workers’ Day was that the Federal Government would pay a living wage, adding that N57,000 did not fall into that category.

The sources also noted that they were going to have a national executive council meeting on Monday in preparation for the meeting with the Tripartite Committee on Minimum Wage on Wednesday.

The meeting on the ongoing negotiations on the new minimum wage was adjourned till Wednesday after Organised Labour rejected the new N54,000 minimum wage proposal by the Federal Government.