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The Nigerian Labour Congress (NLC) has said President Bola Tinubu's stance on the newly agreed N62,000 minimum wage by the Federal Government and the Organised Private Sector will determine the next line of action for Organised Labour.
NLC President Joe Ajaero stated that the labour union was waiting for the President's response to the recommendation adopted at the Friday meeting of the Tripartite Committee on the new minimum wage in Abuja.
Initially, labour rejected the proposal, with Trade Union Congress (TUC) President Festus Osifo insisting that the minimum acceptable wage for workers was N250,000.
In a separate statement, the NLC criticized state governors for claiming they lacked the capacity to pay even the previously offered N60,000 by the federal government, deeming it as "extremely bad news for the poor."
The new N62,000 figure was confirmed by Imo State Governor Hope Uzodinma and TUC President Festus Osifo at the end of Friday's meeting.
Governor Uzodimma mentioned that the panel would send its recommendation to President Tinubu for approval, who would then forward an executive bill on the final minimum wage figure to the National Assembly.
Ajaero stated that he expected the President to make further consultations on the committee's recommendation before making a final decision on the minimum wage through an Executive Bill to be sent to the National Assembly.
"We'll wait for the harmonization of such consultation," he said.
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