Would you like to receive notifications on latest updates of the following headlines?

FG Offer N48,000, Breaks Up New Minimum Wage Talks

POSTED ON May 16, 2024 •   Business      BY Abiodun Saheed Omodara
Minimum Wages l Credit: TheNation

The Nigeria Labour on  Wednesday exited the national minimum wage discussions after the Federal Government suggested N48,000 per month.

Labour stated that the proposed amount would result in a decrease in salary and is far from being considered a living wage. 

Labour emphasized that the proposed sum is significantly lower than the N77,000 that federal-level workers currently earn, which consists of N30,000 as mandated by law, N12,000 peculiar allowance, and N35,000 wage award.

The government's stance was communicated to Labour during a virtual meeting of the tripartite committee on the new minimum wage.

The Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) staged a deadlock in protest.

On January 30, Vice President Kashim Shettima inaugurated a 37-member tripartite committee on a new minimum wage, which includes representatives from the federal and state governments, the private sector, and Labour.

The committee is led by Goni Aji, a former Head of the Civil Service of the Federation. On May Day, President Bola Ahmed Tinubu pledged to provide workers with a decent wage.

The NLC and TUC recommended a salary of N615,000, highlighting the significant cost of living. 

In a collective statement released yesterday, Joe Ajaero, President of the NLC, and Tommy Okon, Deputy President of the TUC, expressed that the government's wage offer was "not only a ridicule but also a disrespect to the dignity of workers."

In the recent meeting, the Nigeria Employers’ Consultative Association (NECA) initially claimed that the lowest-paid private sector worker received N78,000, but later proposed N54,000.

Labour expressed disappointment in the government's suggestion of reducing wages rather than increasing them.

In a statement titled "Minimum Wage: government presents wage reduction," the two labour leaders expressed their disappointment in the lack of seriousness from the government in negotiating with Nigerian workers. They stated that despite their efforts, the government and the Organised Private Sector (OPS) did not engage in reasonable negotiation, leading to a breakdown in discussions.

The government's proposal of N48,000 as the minimum wage was criticized for insulting Nigerian workers and falling short of meeting their needs.

In contrast, the OPS initially offered N54,000, although it was noted that even the lowest-paid private sector workers receive N78,000 as stated by the OPS.

This highlighted a significant disparity between the proposed minimum wage and existing standards, indicating a lack of willingness from employers and the government to negotiate a fair national minimum wage for Nigerian workers.

The lack of substantiated data to support the government's offer was also highlighted, undermining the credibility of the negotiation process and eroding trust between the parties involved.

The labour representatives emphasized their inability to accept a wage proposal that would result in a reduction in income for federal-level workers who are already receiving N30,000 as mandated by law, augmented by Buhari’s 40 per cent peculiar allowance.

READ ALSO
UK, Nigeria unite to boost trade, economic growth through quality standards
BY Abiodun Saheed Omodara March 3, 2025 0

The governments of the United Kingdom and Nigeria have reiterated their dedication to enhancing trad...

READ ALSO
SERAP demands suspension of CBN's ATM fee increase as legal case unfolds
BY Abiodun Saheed Omodara March 3, 2025 0

LAGOS,Nigeria - The Socio-Economic Rights and Accountability Project (SERAP), a non-profit organizat...

READ ALSO
Scam Alert: N329m lost in BVN fraud as agents register static images
BY Abiodun Saheed Omodara March 2, 2025 0

Fraudsters have stolen N329 million by utilizing static images to register for Bank Verification Num...

READ ALSO
S’Africa support Tshabalala's candidacy for AfDB, aiming for economic transformation
BY Abiodun Saheed Omodara February 28, 2025 0

The government of South Africa has shown its support for financial strategist and former Senior Vice...

READ ALSO
Dangote slashes petrol prices again, offering relief to Nigerians
BY Abiodun Saheed Omodara February 27, 2025 0

Dangote Petroleum Refinery & Petrochemicals has reduced the price of Premium Motor Spirit (PMS),...

READ ALSO
Tinubu's call for investment sparks concerns in Belgium over future oil trade
BY Abiodun Saheed Omodara February 26, 2025 0

Belgium has expressed concerns regarding the possible loss of a significant share of its petroleum p...

READ ALSO
Anambra assembly voices concerns over Onitsha drug market closure impacting local economy
BY Abiodun Saheed Omodara February 26, 2025 0

ANAMBRA, Nigeria (NAN) - The Anambra House of Assembly has adopted a resolution urging the National...

READ ALSO
Consumer protection agency challenges MultiChoice over unilateral price increases
BY Abiodun Saheed Omodara February 26, 2025 0

The Federal Competition and Consumer Protection Commission (FCCPC) has called on MultiChoice Nigeria...

OUR CHANNELS:

Minister calls for enhanced female engagement in finance
BY Abiodun Saheed Omodara March 3, 2025 0

ABUJA, Nigeria (NAN) - The Minister of State for Finance, Doris Uzoka-Anite, urged women to take adv...


Fuel prices drop as NNPCL cuts petrol cost, encouraging future reductions
BY Abiodun Saheed Omodara March 3, 2025 0

The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in petrol pump pri...


UK, Nigeria unite to boost trade, economic growth through quality standards
BY Abiodun Saheed Omodara March 3, 2025 0

The governments of the United Kingdom and Nigeria have reiterated their dedication to enhancing trad...


Fuel Price Adjustment: Dangote Refinery offers N65 reimbursement to customers amid price cut
BY Abiodun Saheed Omodara March 3, 2025 0

Dangote Petroleum Refinery & Petrochemicals has declared its intention to reimburse customers wh...


Fubara orders new LG elections following Supreme Court ruling
BY Abiodun Saheed Omodara March 3, 2025 0

PORT HARCOURT- The governor of Rivers State, Siminalayi Fubara, has instructed the Rivers State Inde...


SERAP demands suspension of CBN's ATM fee increase as legal case unfolds
BY Abiodun Saheed Omodara March 3, 2025 0

LAGOS,Nigeria - The Socio-Economic Rights and Accountability Project (SERAP), a non-profit organizat...


ITF commences onboarding for Artisan trainees in groundbreaking skill development initiative
BY Abiodun Saheed Omodara March 3, 2025 0

ABUJA,Nigeria (NAN)- The Industrial Training Fund (ITF) has announced the commencement of onboarding...


NDLEA nabs Angolan Tycoon with 120 pellets at Kano Airport
BY Abiodun Saheed Omodara March 2, 2025 0

The National Drug Law Enforcement Agency (NDLEA) has apprehended a 42-year-old Angolan businessman,...


Chief Imam urges Muslim Men to support wives during Ramadan
BY Abiodun Saheed Omodara March 3, 2025 0

The Chief Imam of Ajiyobiojo Central Mosque in Ilorin, Kwara State, Saheed Ajiyobiojo, has urged Mus...


Inflation Surges: Nigerians advocate for policies to support economic stability and growth
BY Abiodun Saheed Omodara March 3, 2025 0

Nigerians have urged the federal government to put in place effective measures to curb inflation and...


More Articles

Load more...

Menu