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
CBN blames old pipelines for oil revenue drop
BY Abiodun Saheed Omodara December 27, 2024 0

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quar...

READ ALSO
Osun advocate railway service extension to enhance economic productivity
BY Benedicta Bassey December 26, 2024 0

OSUN STATE, Nigeria —The Osun State government has called on the Nigerian Railway Corporation...

READ ALSO
Website Hack: NBS budgets N35m for cybersecurity training
BY Abiodun Saheed Omodara December 26, 2024 0

The National Bureau of Statistics has earmarked N35m in its 2025 budget proposal for “Capacity...

READ ALSO
CBN disqualifies 41.65m Access Holdings shares
BY Abiodun Saheed Omodara December 26, 2024 0

The Central Bank of Nigeria has disqualified 41.65 million shares worth N822.60m in Access Holdings...

READ ALSO
W’Bank removes loan fees for vulnerable nations
BY Abiodun Saheed Omodara December 26, 2024 0

The World Bank has announced the removal of several loan fees to make borrowing more affordable for...

READ ALSO
2025 Budget : Gombe set 10% for debt servicing
BY Abiodun Saheed Omodara December 25, 2024 0

The Gombe State Commissioner for Finance and Economic Development, Gambo Magaji, on Tuesday, reveale...

READ ALSO
LASG shut Coca-Cola, two others over water usage standards
BY Abiodun Saheed Omodara December 25, 2024 0

The Lagos State Government, through its Water Regulatory Commission, has sealed three companies for...

READ ALSO
No regret removing fuel subsidy- Tinubu
BY Abiodun Saheed Omodara December 24, 2024 0

ABUJA, Nigeria - President Bola Tinubu, on Monday, said he had no regret removing fuel subsidy. The...

OUR CHANNELS:

Lagos drug lords jail 28 years, forfeit VGC houses
BY Abiodun Saheed Omodara December 27, 2024 0

LAGOS,Nigeria - Four drug kingpins involved in the historic seizure of 2,139.55 kilograms of cocaine...


CBN blames old pipelines for oil revenue drop
BY Abiodun Saheed Omodara December 27, 2024 0

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quar...


Two killed, 15 injured on Lagos-Ibadan expressway on boxing day
BY Abiodun Saheed Omodara December 27, 2024 0

The Federal Road Safety Corps has confirmed the death of two people and 15 others injured in a lone...


NHIA inaugurate groundbreaking initiative to reduce mortality
BY Abiodun Saheed Omodara December 27, 2024 0

NIGERIA (NAN) - The federal government, through the National Health Insurance Authority (NHIA) has i...


FCT CP Inspects Recreational Centers in Abuja
BY Ebiakuboere England December 27, 2024 0

ABUJA- The Federal Capital Territory's Commissioner of Police, CP Olatunji Disu, made an operational...


University of Abuja Denies Allegations of Bias in Vice Chancellor Appointment Process
BY Ebiakuboere England December 26, 2024 0

The University of Abuja has denied allegations of bias and irregularities in the ongoing process to...


Govs, ministers advocate peace, unity at Christmas
BY Benedicta Bassey December 26, 2024 0

NIGERIA — Governors, ministers, and lawmakers have called on Nigerians to embrace peace and un...


Okpebholo swears in perm secs urges efficient, transparent service
BY Benedicta Bassey December 26, 2024 0

EDO STATE, Nigeria  —Edo State Governor, Monday Okpebholo, has sworn in new permanent sec...


Osun advocate railway service extension to enhance economic productivity
BY Benedicta Bassey December 27, 2024 0

OSUN STATE, Nigeria —The Osun State government has called on the Nigerian Railway Corporation...


38 dead in Azerbaijan Airlines plane crash on Christmas Day celebration
BY Benedicta Bassey December 27, 2024 0

No fewer than thirty-eight people reported lost their lives following the Azerbaijan Airlines plane...


More Articles

Load more...

Menu