The Tripartite Committee on Minimum Wage will reconvene on Tuesday, May 23 to further negotiate a reasonable new minimum wage for workers, after the organised labour walked out of the negotiation on May 15. An invitation letter sent to the labour leaders by the chairman of the committee, Bukar Goni, states that the other members…
The Trade Union Congress (TUC) has condemned the N48,000 proposed by the Federal Government as the new minimum wage, saying that it does not make any sense. Speaking to newsmen today, the TUC President, Festus Osifo, blasted the proposal and berated the government for not being serious in the negotiation with the workers. According to…
The Federal Government may need to raise a supplementary budget to accommodate the proposed minimum wage increase for workers. This is because the negotiated amount may surpass the budgeted amount in the original 2024 budget. The International Monetary Fund gave this recommendation in its latest staff country report for Nigeria. “The authorities noted that a…
By Adebayo Yusuf President, Nigeria Labour Congress, NLC Comrade Joe Ajaero has insisted that the proposed 615,000 naira as minimum wage is realistic with the current economic realities. Comrade Ajaero made this known on a televised programme, monitored by Pensioners FM. According to Comrade Ajaero, the proposed 615,000 naira is negotiable only if the government…
Senator representing Edo North, Adams Oshiomhole has described the current N30,000 minimum wage as a joke. Oshiomhole stated this in an interview on Wednesday. He said the pay package of workers should increase in the face of the current reality with prices of things skyrocketing. The lawmaker said the Nigerian workers and the Federal Government,…
The public hearing of the Tripartite Committee on national minimum wage has begun in the North Central. The public hearing commenced at 11:25 am on Thursday. The Chairman of the Tripartite Committee on National Minimum Wage, North Central Zone, is the President of the Trade Union Congress, Festus Osifo. The Head of the Civil Service…
The Federal Government on Thursday announced that a new minimum wage regime would come into effect on April 1, 2024. The Minister of Information and National Orientation, Idris Mohammed, made this announcement, saying that the current N30,000 minimum wage would expire at the end of March 2024. “Certainly, there is a new wage regime that…