Minimum Wage: High tension as negotiations end today, Labour awaits Tinubu’s approval

Minimum Wage: High tension as negotiations end today, Labour awaits Tinubu's approval

Negotiations on the new minimum wage between the Federal Government and Organised Labour are anticipated to conclude today, with the Nigeria Labour Congress and the Trade Union Congress leaders awaiting President Bola Tinubu’s response to their N250,000 proposal.

The labour leaders had set a deadline for the completion of discussions on the new minimum wage by Monday.

At the conclusion of its sessions last Friday, the Tripartite Committee on National Minimum Wage reached an agreement of N62,000 between the Federal Government and the Organized Private Sector, while Labour insisted on N250,000.

Nonetheless, the Nigeria Governors Forum expressed in a statement that any minimum wage exceeding N60,000 would not be viable.

However on Sunday, labour leaders highlighted that the parties were awaiting the President’s decision on the recommendations put forward by the tripartite committee.

Labor representatives, preferring not to be identified for security purposes, mentioned that NLC President Joe Ajaero and other prominent union figures had traveled abroad to attend a labor conference organized by the International Labour Organization in Geneva, Switzerland.

Sources Informed TALKING ARENA that the labour leaders are scheduled to convene their National Executive Council gathering to determine the course of action regarding a potential strike upon their return from Geneva, taking into consideration the input from the president.

“We have submitted the report to the president and we are waiting for him to make his decision. That is the most important thing and that is what we are all waiting for.

“As it stands some of us are on the way to Geneva for the ILO conference. Some of us are going today (Sunday), some have gone already while others w“Before we can even hold a NEC meeting, we must come back from Geneva first. Also, we are trying to be careful so the government won’t say Labour is inciting citizens against the government. Also, you know they are in charge of the military so we are trying to be careful about that. This is why we are waiting,” a top NLC official said.

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When asked about Monday’s ultimatum, another source within the NLC said, “Well, we have sent a report to the committee and we are expecting the president to act on it.

“We should hold a National Executive Council meeting regarding the ultimatum when we return from Geneva. It is very important for us to be there but right now, we are patiently waiting for the decision of Mr President.”

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