The committee which comprises stakeholders from the Nigerian government, state governments and the private sector made this recommendation after their meeting on Friday night. The tripartite committee set up by the President Bola Tinubu government has agreed that the new National Minimum Wage should be pegged at N62,000.....KINDLY READ THE FULL STORY HERE▶
The committee which comprises stakeholders from the Nigerian government, state governments and the private sector made this recommendation after their meeting on Friday night.
SaharaReporters learned that the committee had submitted its recommendation to the President for his review and possible approval.
However, the leadership of the Nigerian Labour Congress and Trade Union Congress rejected the new recommendation and insisted on N250,000.
Meanwhile, the 36 state governors of the federation had earlier said putting the minimum wage at N60,000 or above was too high and could not be sustainable.
This was stated in a press statement issued by The Director Media and Public Affairs of the Nigeria Governors’ Forum (NGF), Hajiya Halimah Salihu Ahmed, on Friday.
The governors claimed that approving it would pushed many state governments to borrow more loans to pay salaries every months.
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had on Monday embarked on indefinite strike action after rejecting the federal government’s N60, 000 offer as minimum wage.
However, the Labour Union relaxed the strike for one week to give room for further negotiations with the federal government, which had promised to increase the wage from N60,000.
The statement reads in part, “The Nigeria Governors’ Forum (NGF) is in agreement that a new minimum wage is due. The Forum also sympathises with labour unions in their push for higher wages.
“However, the Forum urges all parties to consider the fact that the minimum wage negotiations also involve consequential adjustments across all cadres, including pensioners.
“The NGF cautions parties in this important discussion to look beyond just signing a document for the sake of it; any agreement to be signed should be sustainable and realistic.
“All things considered, the NGF holds that the N60,000 minimum wage proposal is not sustainable and can not fly. It will simply mean that many states will spend all their FAAC allocations on just paying salaries with nothing left for development purposes.
“In fact, a few states will end up borrowing to pay workers every month. We do not think this will be in the collective interest of the country, including workers.
“We appeal that all parties involved, especially the labour unions, consider all the socioeconomic variables and settle for an agreement that is sustainable, durable, and fair to all other segments of the society who have legitimate claim to public resources.”