Details Emerge As Labour Rejects FG’s Fresh ₦57,000 Wage Proposal

The New Diplomat
Writer

Ad

Ranked: U.S. Crude Oil Imports by Country

Key Takeaways In 2024, 61.7% of America’s crude oil imports were from Canada. Meanwhile, Mexico accounted for 7.1% of crude oil imports. Crude imports make up about 40% of the oil that is refined in America, much of which is heavier crude compared to America’s light oil. For decades, America was a net importer of…

Alleged N85 Billion Nigeria Air fraud: Ex-Minister Sirika Debunks Allegations

By Abiola Olawale The immediate-past Minister of Aviation, Hadi Sirika has spoken on the controversies surrounding the Nigeria Air project, a national carrier initiative that sparked widespread criticism. Speaking during an interview with Channels TV on Wednesday, Sirika dismissed claims of fraud and mismanagement. Sirika, during the interview rejected allegations of fraud, claiming that Nigeria…

Alphabet surges after court rejects DOJ’s call to break up Google in antitrust case

By Obinna Uballa Alphabet shares jumped 6% in premarket trading on Wednesday after a United States court rejected the Department of Justice’s (DOJ) push to break up Google in a high-stakes antitrust case. The DOJ had proposed divesting Google’s Chrome browser and imposing strict restrictions after the company was found last year to hold an…

Ad

  • Organized Labour Shifts Ground From N615,000 to N497,000

By Abiola Olawale

The Organised Labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) has reportedly rejected the Federal Government’s third offer for the new minimum wage.

According to reports filtering in, FG on Wednesday resumed talks with the organised wage, putting a fresh wage proposal of N57,000 on the negotiation table.

However, an insider source privy to the matter said the Organised Labour immediately rejected the offer.

It would be recalled that the government had proposed ₦54,000 on Tuesday when the committee resumed negotiations. The government had also initially proposed ₦48,000 last week, which was also rejected by the Organised Labour.

According to the source, the government reportedly cited a paucity of funds as the reason it proposed N57,000.

The source said: “Initially, the government refused to shift grounds on the N54,000 it proposed earlier, noting that it didn’t have enough funds to pay. However, we took a 30-minute break to make further deliberations.

“We as Labour reject the proposed N57,000 and the meeting has been adjourned till Tuesday next week.

Following the stance of the government, the source also said that the Organised Labour saw reasons to drop their demand from the initial ₦615,000 minimum wage to ₦497,000.

The deliberations of the tripartite committee on the new minimum wage were said to have reportedly reached a stalemate, leading to an adjournment of proceedings. The committee will reconvene on Tuesday, May 28 to continue discussions.

The New Diplomat recalls that the committee is yet to agree on a new minimum wage just about 10 days before the May 31 deadline the labour unions gave to the government to conclude the negotiations.

Ad

X whatsapp