Minimum Wage: FG, OPS Agree On N62,000 As Governors Forum Rejects New Offer .. Labour Proposes N250,000 - EDU-BIZNEWS

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Saturday, June 8, 2024

Minimum Wage: FG, OPS Agree On N62,000 As Governors Forum Rejects New Offer .. Labour Proposes N250,000




Both the Federal Government and organized private sector have agreed on an increase new offer of N62000 as  minimum wage for workers in the county even as Nigeria Governors Forum rejected the offer , describing it as  not sustainable for most of the states 


The new offer agreed at the tripartite meeting held on Friday till night, is still a far cry from the further cut of N250,000 by the organized labour from the previous N494,000

The tripartite committee will forwarding its recommendation at the meeting to President Bola Ahmed Tinubu who is expected to send an executive bill to the National Assembly for further legislative action which brings to an end the
deliberations on the new minimum wage by the  committee set up by the the Federal Government after several months.

It will be recalled that the labour leaders walked out of the previous meeting after the failure of the Federal Government to review the previous offer of N60,000 at the expiration of May 31 deadline 

This led  to the indefinitely strike last Monday before the labour agreed to temporary suspend the industrial action after the government agreed to pay above N60,000 which facilitated the resumption of negotiation at the tripartite meeting up till this night 

Though labour is still not comfortable with the offer of N62,000 of the tripartite committee which according to it is far below N250,000 , the  new proposal to the committee, the governors are seriously complaining about the previous offer of N60,000 saying it would be difficult to implement 

Some of the states, Edu-Biznews observed are just implementing the expired minimum wage of N30,000 signed into law in 2019 

A statement by the Acting Director, Media Affairs and Public Relations of the Forum, Mrs Halima  Ahmed, noted that if allowed to fly, many states will use all their monthly allocations from the federation account to pay workers’ salaries.

The governors appealed to members of the tripartite committee to agree on a minimum wage that would be fair and sustainable.





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