Negotiations break down as FG reportedly offers N25,000 as new minimum wage
The organised labour and organised private sector had recommends N30,000 as minimum wage per month
Ayuba Wabba, president of the Nigerian Labour Congress, says the federal government will soon announce the new minimum wage as the tripartite committee completes its assignment
The SGF, Boss Mustapha, says the federal government will address the agitation for an increase in the minimum wage
The federal government’s current stance now is that it cannot afford more than N25,000 per month as minimum wage. This has stalled the negotiations by the tripartite committee on a new national minimum wage negotiation.
According to vanguard, organised labour and Organised Private Sector (OPS) have criticize the figured by the federal government and are insisting on N30,000 minimum wage per month.
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Ejesgist News gathered that the federal government had earlier presented N21, 700 per month as new minimum wage to the other social partners when the tripartite committee resumed sitting on Thursday, October 4.
But displeased by the federal government’s figure amidst the high cost of living in the country, the organised labour and OPS reportedly reached an accord, increasing their earlier figure of N25,000 to N40,000.