Minimum Wage Negotiations: FG Resumes Talk with Labour

Government Reaches Out Again

The Federal Government has once again called on organised Labour to resume talks on the minimum wage, according to a source in Abuja on Wednesday. The invitation, signed by the NSIWC chairman, schedules the meeting for Friday, with Labour expected to attend. This development comes after the minimum wage committee adjourned indefinitely on Tuesday following a breakdown in negotiations.

Labour’s Response to Invitation

Labour has confirmed its intention to attend the upcoming meeting. They expressed willingness to accept a better offer if presented on Friday. Earlier negotiations stalled when Labour rejected the Federal Government’s N60,000 proposal, up from an initial N57,000, while Labour’s counteroffer stood at N494,000, a reduction from their previous demand.

Deadline Looms for Negotiations

The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) had set a May-end deadline to finalise the new minimum wage. This ultimatum will expire on Friday night, putting additional pressure on the negotiations. The TUC President, Festus Osifo, reiterated that without a satisfactory minimum wage agreement by the deadline, industrial peace could not be guaranteed.

Government Appeals for Patience

Minister of State for Labour and Employment, Nkeiruka Onyejeocha, appealed to Labour for patience and patriotism in their demands. She emphasized the government’s commitment to securing a fair wage amidst economic recovery challenges. The minister highlighted the ongoing efforts to ensure economic policies benefit all Nigerians, not just a select few.

Economic Challenges Highlighted

Onyejeocha underscored the complexity of the economic challenges facing Nigeria, exacerbated by the pandemic and global economic shocks. She called for a collective effort from all stakeholders to address these issues. The minister affirmed the government’s dedication to prioritising citizens’ well-being during President Bola Tinubu’s efforts to revitalise the economy.

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Hope for Resolution

The government remains hopeful that continued engagement with Labour will yield a positive outcome. The increase from N57,000 to N60,000 in the minimum wage proposal demonstrates the government’s willingness to address Labour’s concerns. Labour leaders are expected to return to the negotiating table after consulting with other key stakeholders.

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