FG Finally Proposes New Minimum Wage To NLC, See Shocking Details
The Bola Ahmed Tinubu- led Federal Government has revised its proposal for a new national minimum wage to N62, 000, according to reports from Naija News. Conversely, organized labor has scaled down its demand from N494, 000 to N250, 000. Despite these adjustments, the Tripartite Committee on New National Minimum Wage has adjourned its session due to the absence of consensus among the parties involved.
Additionally, the organized private sector has thrown its support behind the government’ s offer of N62, 000, as per Vanguard’s report. However, discord within the Tripartite Committee, known as NNMW, has led to its adjournment. Sources reveal that the primary point of contention revolves around the proposed wage amount, with the government suggesting N62, 000 while labor is advocating for N250, 000.
With no agreement reached, the matter is now set to be forwarded to the President for further deliberation on the next steps. The process of reaching a consensus has been fraught with challenges, as evidenced by organized labor’s decision to walk out of the committee meeting on multiple occasions. Notably, on Tuesday, May 22, labor representatives exited the meeting for the second time in two weeks, following the government’ s upward adjustment of its offer from N57, 000 to N60, 000. This action underscores the deep-seated disagreements and frustrations among the stakeholders involved.
Labour, represented by prominent bodies such as the Nigeria Labour. Congress (NLC) and the Trade Union Congress of Nigeria (TUC), has been resolute in its demands. Their initial departure from the tripartite committee meeting on May 15 came in response to the government’ s offer of N48, 000, coupled with the Organized Private Sector’s (OPS) proposal of N54, 000-both figures falling significantly short of labor’ s initial demand of N615,000.
In summary, the ongoing negotiations surrounding the new national minimum wage have been characterized by fluctuating proposals and persistent discord. Despite efforts to bridge the gap between the government, organized labor, and the private sector, achieving consensus has proven elusive.
As the matter awaits further deliberation at the presidential level, the fate of the minimum wage remains uncertain, with the divergent interests of the stakeholders complicating the path to resolution.
