google.com, pub-3998556743903564, DIRECT, f08c47fec0942fa0 Labour Reduces Minimum Wage Demand To N500,000

Labour Reduces Minimum Wage Demand To N500,000

…FG adamant of N54,000, Private sector makes N57,000


In a significant move to expedite negotiations on a new national minimum wage, the Organised Labour at the ongoing Tripartite Committee on the National Minimum Wage has lowered its demand from N615,000 to N500,000.

A source at the meeting disclosed that the government remains firm on its offer of N54,000, citing funding constraints and the private sector's inability to meet higher wage demands. However, the private sector has slightly increased its offer to N57,000 from the initial N54,000.

The source revealed, "The government acknowledges the NLC's evidence-based presentation but argues that eight states are either not paying or not fully implementing the 2019 minimum wage."

The source added, "The government cites a lack of funds and the private sector's financial incapacity as major obstacles."

On the Labour's revised stance, the source noted, "Labour was requested to adjust their demand in response to the government's position. They complied, reducing their demand to N500,000."

Imo State Governor Hope Uzodimma was also present at the meeting. "The Imo State Governor has stepped in. Although he is not a committee member, it is beneficial to have a governor involved, given the regular absence of the six governors on the committee," the source remarked.

 

Post a Comment

Previous Post Next Post