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Labour Unions Firmly Reject Minimal Increase To ₦60,000 Minimum Wage
Labour Unions Firmly Reject Minimal Increase To ₦60,000 Minimum Wage....KINDLY READ THE FULL STORY HERE▶
The Organised Labour, comprising the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC), has declared it will not accept any minor increase to the current ₦60,000 minimum wage proposal from the tripartite committee……CONTINUE READING
TUC President Festus Osifo made this announcement during an appearance on Channels Television’s “Politics Today” on Tuesday evening. This stance follows the suspension of a nationwide strike that began at 12:01 am on Monday, causing widespread disruption.
The strike was initiated due to what the unions viewed as insufficient wage negotiation efforts by the government. Osifo emphasized that while the strike was paused to allow for more constructive dialogue, the unions would not settle for a token increase.
“Our decision to suspend the strike was made in good faith to facilitate further negotiations. However, it must be clear that any token addition to the ₦60,000 initially proposed will not be acceptable to us,” Osifo stated.
The ongoing negotiations aim to establish a new minimum wage that reflects the current economic realities faced by Nigerian workers. Osifo noted that although the tripartite committee initially refused to add to the ₦60,000, President Tinubu later committed to exceeding this amount.
When asked if Labour would accept a few thousand naira additions to the last offer, Osifo firmly responded, “No, we also told them that it’s not acceptable to add ₦1, ₦2, ₦3000 as they were doing. We received assurances that a more substantial offer would be made.”
Osifo clarified that while the unions are not fixated on ₦494,000 as the new minimum wage, the tripartite committee must demonstrate seriousness and propose an amount that aligns with current inflationary pressures.
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