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Minimum wage: Again, workers reject FG’s new N58,000 offer, propose N497,000.

Afolabi Hakim by Afolabi Hakim
May 23, 2024
in National
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  • The labour leaders reduced their demands to expedite conclusion of the negotiation on a new national minimum wage.

It’s unlikely that there will be a resolution to the minimum wage impasse between the organised labour and the Federal Government anytime soon as efforts to reach a compromise hit a brick wall.

The Nigerian workers, under the aegis of the Nigeria Labour Congress and the Trade Union Congress, on Wednesday have rejected the Federal government’s fresh N58,000 minimum wage offer.

Sources in the Nigeria Labour Congress disclosed this on Wednesday, Channels Television reports.

The report said that organized labour also saw reasons for dropping their demand to N497,000 minimum wage from N615,000.

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Recall that the Organised Labour at the ongoing Tripartite Committee on the National Minimum Wage meeting, reduced its demand from ₦615,000 to N497,000.

The labour leaders reduced their demands to expedite conclusion of the negotiation on a new national minimum wage.

On Tuesday, the Federal Government offered organized labour a minimum wage of N54,000. Last week, it offered a minimum wage of N48,000, which prompted Nigerian workers to stage a walkout.

In an interview on Tuesday with Politics Today, NLC president Joe Ajaero described the government offer as unsubstantial.

“It is still not substantial compared to what we need to make a family moving,” he said.

Recall that organized labour proposed a N615,000 minimum wage up from N30,000, citing the prevailing economic realities Nigerians were facing.

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