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Minimum Wage Impasse: Labour Wants N250,000 As OPS, Govt Offer N62,000

Afolabi Hakim by Afolabi Hakim
June 8, 2024
in National
Reading Time: 2 mins read
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  • Osifo said the two labour bodies have not agreed with both the government and the members of the Organised Private Sector on the new offer.

Members of the organised labour have recommended the sum of N250,000 as the new minimum wage for workers.

This is after the federal government  raised its initial amount of N60,000 by N2,000, making N62,000 in total.

President of TUC, Festus Osifo, said the two labour bodies have not agreed with both the government and the members of the Organised Private Sector on the new offer.

Osifo made this known in Abuja on Friday night at Nicon Luxury Hotel, venue of the National Minimum Wage Tripartite committee meeting .

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Speaking to journalists after a 4-hour marathon meeting between the parties, Osifo stated that they would continue to clamour for a wage that is realistic and sustainable.

He pointed out that owing to the prevalent hardship, unpleasant and harsh economic realities in the country, a sum of N250,000 should be the reasonable minimum wage for worker.

“As we are now, the Organised Private Sector and the government side, have recommended N62,000 to be minimum wage but for us, from Labour, we felt that with the current economic hardship and with the difficulty in the land, the sum of N250,000 should be the what should be okay as the minimum wage.

“This, we are going to send a report, by forwarding this position to Mr President. You know this committee is to make recommendations to the President, and Mr President will make recommendation to the National Assembly.

“We will keep pushing to ensure that we have a wage that can stand the test of time in Nigeria,” the labour leader, who was flanked by the Imo State governor, Hope Uzodinma; Minister of State for Labour and Employment, Nkeiruka Onyejeocha and the chairman of Committee, said.

Also speaking after the meeting, Uzodinma, who was accompanied by his Kwara State counterpart, said there is no love lost among members of the committee and that the tension in the country has been doused, insisting that the committee would soon produce a joint report that would be presented to the President

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