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UPDATE : FG offers N54,000 as new minimum wage but Labour says no deal

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The Federal Government proposed a minimum wage of N54,000 for Nigerian workers during Tuesday’s ongoing minimum wage negotiation meeting.

 

According to a high-ranking source within organized labour, the meeting will continue on Wednesday at 4 p.m. to allow the Nigerian governors to endorse or reject the proposed figure, Nigerian Tribune reported.

 

Labour is awaiting the governors’ decision before revealing its stance on the new amount proposed by the Federal Government.

 

The source stated that the meeting with the Organized Private Sector (OPS) has been productive, aiming for a smooth negotiation. The goal is to conclude the negotiation and implement a new minimum wage for Nigerian workers by May 31

 

“The labour union is committed to ensuring a successful negotiation and will reveal its position after hearing the governors’ input tomorrow.

 

“We are very serious about taking actions in the interest of protecting and promoting the welfare of Nigerian workers.

 

So on our part, we will do our best to ensure smooth negotiation. But any form of delay tactics on the government side will attract serious industrial action. So for now, we have not revealed a new figure, but tomorrow will tell.”

 

Recall that the NLC and TUC had proposed that the Federal Government give workers a living wage of N615,000 on May Day.

 

They also reiterated their readiness to commence a nationwide industrial action should the government fail to announce a new minimum wage for Nigerian workers by May 31.

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