Federal Government Offers Increased Minimum Wage Above N60,000 In Response To Labor Demands

Federal Government Offers Increased Minimum Wage Above N60,000 In Response To Labor Demands

ABUJA: The Federal Government has announced its willingness to offer a minimum wage higher than N60,000, urging organized labour to consider the proposal. However, the specific amount has not been disclosed………..CONTINUE READING

This announcement came late Monday after a meeting between the government and representatives from the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) at the Office of the Secretary to the Government of the Federation (OSGF).

The statement was signed by Mohammed Idris, Minister of Information and National Orientation, and Hon. Nkeiruka Onyejeocha, Minister of State for Labour and Employment, on behalf of the Federal Government. Representing the organized labour were Joe Ajaero, President of the NLC, and Festus Osifo, President of the TUC.

The statement read: “Further to the negotiation by the Tripartite Committee on National Minimum Wage (NMW) and the subsequent withdrawal of Labour from the negotiation, the Leadership of the National Assembly intervened on June 2, 2024. The Organized Labour declared a nationwide strike on Monday, June 3, 2024, to press its demands.

“In the national interest, the Federal Government convened a meeting with Labour at the office of the Secretary to the Government of the Federation on Monday, June 3, to resolve the strike action.

“After exhaustive deliberation and engagement by both parties, the following resolutions were reached:

1. The President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria, is committed to a National Minimum Wage higher than N60,000.
2. The Tripartite Committee is to meet daily for the next week to agree on an acceptable National Minimum Wage.
3. In recognition of the President’s commitment, Labour has agreed to convene a meeting of its organs immediately to consider this commitment.
4. No worker will be victimized as a result of the industrial action

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