…Suspends strike for 1 week
The Organised Labour has said it will reject any paltry increase to the ?60,000 offer by the Tripartite Committee on the new Minimum Wage.
The development comes hours after the Organised Labour suspended its industrial action, which began on Monday.
VoL reports that the labour unions have insisted on a more realistic and economically-viable figure.
President of the Trade Union Congress (TUC), Festus Osifo, made the decision known while speaking on a television programme yesterday.
Osifo revealed that while the tripartite committee initially refused to budge from their ?60,000 offer, President Bola Ahmed Tinubu intervened and committed to a higher figure during Monday’s meeting.
When asked if Labour would accept a minimal addition to the tripartite committee’s offer, Osifo said, “No; we told them it’s not about adding ?1, ?2, or ?3,000, as they were doing. We need a serious and realistic offer that reflects the current economic realities”.
While the Organised Labour is not fixated on its initial demand of ?494,000, Osifo said the tripartite committee must demonstrate seriousness and offer workers a wage that aligns with the current inflationary pressures.
Meanwhile, theOrganised labour has resolved to suspend the nationwide strike for one week.
The decision was in deference to the commitment made by President Bola Tinubu to ensure that workers get a fair deal from the ongoing minimum wage negotiations, labour said,
At a joint National Executive Council (NEC) meeting of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), the unions agreed to suspend industrial action for one week with immediate effect.
President Tinubu has also directed Minister of Finance, Wale Edun, to present the cost implications for a new minimum wage. This is according to the Minister of Information, Mohammed Idris, who spoke to newsmen yesterday in Abuja.
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