Minimum Wage Negotiations: Deadlock As FG Proposes N62,000 Against Organized Labour’s N250,000

The New Diplomat
Writer

Ad

(PHOTOS) How Amadeus University is Growing in Leaps and Bounds

Vice Chancellor of Amadeus University Professor Samuel Nzotta recently announced that the National Universities Commission (NUC) has granted approval to the institution to teach Law, Medicine & Surgery, and Pharmacy, while hinting Agriculture would be next in its course content. He explains the reasons behind the fast pace progress of the university less than two…

JUST IN: Newswatch co-founder and journalism icon Dan Agbese dies at 81

By Obinna Uballa Mr. Dan Agbese, one of Nigeria’s most influential journalists and a co-founder of the trailblazing Newswatch magazine, has passed away at the age of 81. Family sources confirmed the development on Monday morning in Lagos, according to a report by journalist Shola Oshunkeye. Agbese, revered as one of the finest newspaper columnists…

Ad

By Abiola Olawale

The Federal Government has made a fresh proposal of N62,000 as the new minimum wage for Nigerian workers.

The representatives of the Federal Government made this proposal during the meeting of the tripartite committee on minimum wage, on Friday.

However, organized labour tendered a proposal of N250,000 as minimum wage, shifting ground from its earlier demand of N494,000.

The New Diplomat reports that the latest offer of the Federal Government came after the Minister of Finance, Wale Edun, had submitted a report detailing the template for a new minimum wage to President Bola Ahmed Tinubu.

The proposed N62,000 minimum wage also comes in contrast with the declaration of the governors in Nigeria, who said earlier that they can’t pay N60,000 as minimum wage.

The governors had expressed concerns regarding the sustainability of the N60,000 minimum wage, citing potential negative impacts on the country’s overall development.

Ad

X whatsapp