The Tripartite Committee on New Minimum Wage holds its fifth meeting, seeking to conclude negotiations on a new national minimum wage. Eaglessightnews has gathered. The meeting, which began on Thursday, is taking place behind closed doors at the Nicon Luxury Hotel in Abuja. In attendance are prominent members of the committee, including the Director General of the Nigeria Governors’ Forum (NGF), Mr. Asishana Okauru; the Minister of Labour and Employment (State), Nkiruka Onyejeocha; the Governor of Imo State, Hope Uzodimma; a representative of the Salaries, Income and Wages Commission, Mr. Richard Egbule; the Minister of Finance, Wale Edun, and the Minister of Budget and National Planning, Atiku Bagudu.....KINDLY READ THE FULL STORY HERE▶
According to sources, committee members gave assurances on Thursday that a figure may be announced on Friday, signaling a potential breakthrough in the negotiations. The organized labor had suspended their industrial action for one week to enable the committee to finalize their negotiation and come up with a figure, which would be sent to the National Assembly for approval.
The meeting is a crucial step towards resolving the minimum wage dispute, which has been ongoing for several months. The labor unions have been demanding a new minimum wage of N30,000, while the government has offered N24,000. The committee’s decision is expected to have a significant impact on the country’s economy and workforce.