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Minimum wage: FG offers N62,000 as labour demands N250,000

by Nuruddeen M. Abdallah
June 8, 2024
in Lead of the Day, National news
0
Minimum wage: FG offers N62,000 as labour demands N250,000

The President of the Trade Union Congress, Festus Osifo

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The federal government has raised its minimum wage offer from N60,000 to N62,000 as the organized labour demands for N250,000, it was revealed.

This was announced by the President of TUC, Festus Osifo, in Abuja on Friday.

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Mr Osifo, who spoke at Nicon Luxury Hotel, venue of the National Minimum Wage Tripartite committee meeting, said the TUC and NLC have rejected the latest offer made by the government and the Organised Private Sector.

He said, “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 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.”

Mr Osifo was flanked by the Imo State governor, Hope Uzodinma; Minister of State for Labour and Employment, Nkeiruka Onyejeocha and the chairman of Committee.

In his remarks, Governor Uzodinma, who was accompanied by his Kwara State counterpart, said there is no longer hostility among members of the committee and that the tension in the country has been eased, insisting that the committee would soon produce a joint report that would be presented to the President.

The organized labour has suspended an indefinite strike last Tuesday for five days over the minimum wage issue.

Before the strike, the federal government offered N60,000, while labour demanded N450,000 as new minimum wage.

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