National Minimum Wage: President Tinubu To Decide Amid Disparate Proposals

Still on the matter of a new national minimum wage, the negotiations between the tripartite committee, the federal government, and organized labor will come to an end today.

The tripartite committee on the national minimum wage concluded a week-long series of meetings last Friday, where the federal government and the organized private sector agreed on N62,000, while labor insisted on N250,000.

Meanwhile, the Nigeria Governors’ Forum has released a statement claiming that any minimum wage above N60,000 is deemed unsustainable for the state governments.

In light of the labor leaders’ Monday deadline for concluding talks on the new minimum wage, the disparities in the proposals of all parties involved raise concern as they all await President Bola Tinubu’s decision.

The leaders of organized labor and their top officials are not in the country presently, as they are attending a labor conference organized by the International Labor Organization in Geneva, Switzerland. The decision on whether the nationwide strike, which was called off to allow for negotiations, would be reinstated will be made after their return based on the president’s decision.

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According to a top official of the Nigeria Labor Congress (NLC),

“We have submitted the report to the president and we are waiting for him to make his decision. That is the most important thing and that is what we are all waiting for.

“As it stands, some of us are on the way to Geneva for the ILO conference. Before we can even hold a NEC meeting, we must come back from Geneva first. Also, we are trying to be careful so the government won’t say labor is inciting citizens against the government. Also, you know they are in charge of the military so we are trying to be careful about that. This is why we are waiting,” a top NLC official said.

“We should hold a National Executive Council meeting regarding the ultimatum when we return from Geneva. It is very important for us to be there, but right now, we are patiently waiting for the decision of Mr. President.”

The president is said to be reviewing the proposal, after which he will make an official announcement.

Techrectory with Agency Report.

Techrectory on Google News


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