The organised labour has rejected the N48,000 new minimum wage offer by the Federal Government, describing it as paltry.
The labour leaders on Wednesday walked out of the negotiation by the Tripartite Committee on New National Minimum Wage.
Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) representatives who are members of the minimum wage tripartite committee, expressed disappointment at the offer.
The organized labour is demanding N615, 000 as the new minimum wage.
It has given a 15-day – May 31- ultimatum to the FG to finish negotiations on a new living wage.
The FG had, on April 30, announced an increase between 25 and 35 percent for its civil servants across various consolidated salary structures.
NLC President, Joe Ajaero, who confirmed this alleged “lack of transparency and good faith that undermines the credibility of the negotiation process.”
Ajaero said: “The government’s failure to provide any substantiated data to support their offer exacerbates the situation. This lack of transparency and good faith undermines the credibility of the negotiation process and erodes trust between the parties involved.
“Such a regressive step would undermine the economic well-being of workers and their families and is unacceptable in a national minimum wage fixing process.
“In light of these developments, and in order to prevent the negotiation of a wage deduction, the NLC and TUC have taken the decision to walk out of the negotiation process.”
Speaking further, Ajaero, who was accompanied by the deputy president of TUC, Tommy Etim Okon, said there was no going back on the May 31 deadline given to the government to conclude the process of a new national minimum wage.