Minimum wage: Labour insists on N250,000, awaits Tinubu’s verdict

Organised Labour has insisted on its N250,000 new minimum wage proposal, stating it would not negotiate what it described as ‘starvation wage.’

The Assistant General Secretary of the Nigeria Labour Congress,  Chris Onyeka, said labour would not accept the latest offer of ₦62,000 and the ₦100,000 proposal made by some individuals and economists.

This was as the NLC President, Joe Ajaero, said the unionists were waiting on President Bola Tinubu to consider labour’s offer.

Ajaero said this in an interview with journalists on Monday at the ongoing International Labour Conference taking place in Geneva, Switzerland.

On Monday, the Office of the Secretary to the Government of the Federation disclosed that the Tripartite Committee on National Minimum Wage had submitted its report.

Last Friday, the tripartite committee concluded its meetings with the Federal Government and the Organised Private Sector.

While the government and the OPS agreed on N62,000, labour on the other hand demanded N250,000.

However, the Nigeria Governors’ Forum, in a statement, said any minimum wage higher than N60,000 was not sustainable.

In a statement on Monday, the Director, Information and Public Relations, OSGF, Segun Imohiosen, said the committee report would be presented to the President when the organised labour leaders return from Switzerland.

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