NLC Takes Action As Tinubu’s Govt Offers N57,000 As New Minimum Wage

NLC Takes Action As Tinubu’s Govt Offers N57,000 As New Minimum Wage

  • The leadership of the NLC and the TUC are gradually shifting their grounds from the earlier proposal they made to President Tinubu
  • Joe Ajaero's NLC and its counterpart, the TUC, have dropped their demand from N500,000 to N497,000 as Tinubu decided to pay N57,000 minimum wage
  • A top union official confirmed the development on Wednesday via a terse statement and explained what Tinubu's government has decided to offer

Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.

On Wednesday, May 22, organised labour made a fresh proposal of N497,000 to President Bola Ahmed Tinubu's led federal government as the new minimum wage.

Labour again shift its grounds, makes new proposal to Tinubu's government on minimum wage
Labour demanded N497,000 as the new minimum wage after Tinubu proposed N57,000. Photo credit: Nigeria Labour Congress HQ
Source: Facebook

Interestingly, the federal government and the Organised Private Sector (OPS) have also jointly proposed the sum of N57,000 as minimum wage.

Read also

CBN replies as ABCON fumes over directive on BDC operators to apply for new licences

As reported by The Punch, a highly informed source at the just-concluded tripartite committee meeting on the minimum wage disclosed this in an interview.

The source said:

“Labour has now made a fresh proposal of N497,000; the Federal Government and OPS have jointly proposed N57,000.”

This is coming a few hours after labour slashed their demand and asked Tinubu's government to pay N500,000 as the new minimum wage.

As reported by Vanguard on Wednesday, May 22, a source at the Tripartite Committee meeting confirmed the development and noted that the government team is adamant about N54,000, complaining of non-availability of fund and the inability of the private sector to pay.

However, the private sector has made an additional N3,000, taking up its offer to N57,000 from the initial N54,000.

Read also

CBN explains naira depreciation against US dollar, makes new move to stop the fall

Labour tabled this fresh demand after its initial N615,000 minimum wage proposal to the federal government.

Governors speak on new minimum wage

Legit.ng earlier reported that the Nigeria governors' forum said they were examining their individual capacities to arrive at a sustainable new minimum wage.

The chairman of the forum and governor of Kwara state, AbdulRahman AbdulRazaq, made the disclosure in a statement on Thursday, May 2.

This came after the NLC explained why organised labour is demanding N615,000 for a new minimum wage.

Proofreading by Nkem Ikeke, journalist and copy editor at Legit.ng.

Source: Legit.ng

Authors:
Esther Odili avatar

Esther Odili (Politics and Current Affairs Editor) Esther Odili is a journalist and a Politics/Current Affairs Editor at Legit.ng with 6+ years of experience. Before joining Legit.ng, Esther has worked with other reputable media houses, such as the New Telegraph newspaper and Galaxy Television. She Holds OND and HND in Mass Communication from NIJ, where she was recognized as the best student in print journalism in 2018. Email: esther.odili@corp.legit.ng.