Tag: MINIMUM WAGE

Presidency debunk reports of N105,000 proposed Minimum Wage

Aminu Imam
Presidency debunks

The Presidency has denied reports making the rounds that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Federal Government negotiating team have proposed N105,000 as the new minimum wage. After Organised Labour declared a nationwide strike, the Federal Government met with the union leaders and struck a deal. The negotiating team had subsequently briefed President Bola Tinubu, who directed the Finance Minister to present a new minimum wage template within 48 hours. Onanuga and his team reportedly met the president yesterday but did not…

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NLC: Stemming strike through wage parity 

Aminu Imam
IMG 20240604 WA0045

The Nigeria Labour Congress (NLC) has a long history of advocating for wage increases and improved working conditions for Nigerian workers. The NLC is currently on a nationwide strike in agitation for wage increase to address the impact of inflation, rising living costs, rise in electricity tariff and economic challenges facing Nigerian workers. To address these problems government should consider wage parity among all federal government owned institutions since salaries are being paid from the same source (Federation account). Wage parity refers to the principle of ensuring that individuals receive…

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“NLC wasting time, N494,000 minimum wage is not possible” – Primate Ayodele

Aminu Imam
Primate Ayodele

Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has described the request of the Nigeria Labour Congress (NLC) to peg minimum wage for workers at N494,000 as unrealistic. In an issued statement signed by his media aide, Osho Oluwatosin, Primate Ayodele noted that the NLC is wasting time with the request,  because according to him, the highest the Government can go comfortably is N60,000. He stated that NLC’s request is unachievable and unrealistic because ordinarily, any increase in salaries will also lead to increase in inflation and cost of…

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Organised Labour declares nationwide strike from Monday

Aminu Imam
Organised Labour

Members of the Organised Labour, comprising the Nigerian Labour Congress (NLC) and the Trade Uniin Congress (TUC), have declared to embark on an indefinite strike over the Federal Government’s refusal to raise the minimum wage from N60,000. NLC president, Joe Ajaero, who disclosed this yesterday, during a press conference in Labour House, Abuja, said the strike begins by the midnight of Sunday, June 2. Ajaero, who was flanked by the TUC President, Festus Osifo, including other Labour leaders at the briefing, called on Nigerians to rise defend their interest over…

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Organised Labour rejects FG’s fresh N60,000 minimum wage offer

Aminu Imam
Organised Labour

The Organised Labour has rejected a fresh minimum wage proposal by the Federal Government. ?Labour, comprising the Nigeria Labour Congress, (NLC), and the Trade Union Congress, (TUC), rejected the offer of the federal government to pay N60,000 as new minimum wage, which is the fourth proposal in about two weeks since negotiation talks resumed. The labour unions said the current minimum wage of ?30,000 can no longer cater for the well-being of an average Nigerian worker.It was also gathered that labour had shifted grounds from its N497,000 proposal to N494,000.…

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Minimum wage: “We won’t go below N100,000” – NLC, TUC insist, as deadline nears

Aminu Imam
NLC, TUC

The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have both agreed not to succumb to the Federal Government’s N57,000 minimum wage proposal. The union leaders, however, insisted — as of the time of this report — not to accept any offer below N100,000. They described FG’s negotiation moves from N48,000 to N57,000 as ‘unserious’. Meanwhile, the National Economic Council is expected to meet Monday to continue negotiations. The Federal Government had earlier proposed N54,000 as minimum wage out of the 497,000 demand of the labour unions. The organised…

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Again, Labour rejects FG’s N54,000 proposed new minimum wage

Aminu Imam
minimum wage

Organised Labour has rejected the N54,000 proposed by the Federal Government as new minimum wage. The Federal Government had, in a meetin g with Labour, proposed N54,000 as against its earlier N48,000 offer, one of the leaders of the Organised Labour who attended the meeting revealed this to newsmen yesterday. Recall that Organised Labour, comprising of the Nigeria Labour Congress (NLC)  and the Trade Union Congress, walked out on the Tripartite Committee on Minimum Wage following the FG’s pproposed N48,000 minimum wage. Last week Organised Labour told the Federal Government…

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Labour insists on N615,000 minimum wage demand

Aminu Imam
NLC TUC

The Organised Labour, represented by the Nigeria Labour Congress, (NLC), and Trade Union Congress, (TUC),, has stated its refusal to accept the N48,000 minimum wage proposal put forth by the Federal Government. Ajaero said, “Living wage is such that it will at least keep you alive. It is not a wage that will make you poorer and poorer. It is not a wage that will make you borrow to go to work. It is not a wage that will lead you to be in the hospital every day because of…

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Minimum Wage: Labour rejects FG’s N48,000 offer

Aminu Imam
Labour rejects

…Storms out of meeting The Organised Labour yesterday stormed out of the minimum wage committee meeting with the Federal Government over the latter’s offer of N48,000 new wage. Recall that the Organised Labour had made a demand of N615,000 as the new minimum wage and had given the Government up till May 31 to conclude negotiations on new living wage. The Federal Government and the Organised Private Sector are however offering N48, 000 and N54, 000 respectively as new minimum wage. The Tripartite Committee on New National Minimum Wage resumed…

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Tinubu pledges to consider national living wage over minimum wage

Aminu Imam
Asiwaju assures

President Bola Ahmed Tinubu has assured the Organised Labour that their understanding, patience, commitment and support in the course of implementing his administration’s policies and programmes are not taken for granted. The President, who gave the assurance yesterday, during a colourful ceremony to mark the 2024 May Day celebration at the Eagle Square, Abuja, said it is a fundamental truth that the workers are Nigeria’s backbone, even as he acknowledged and appreciated their hard work, sacrifices, and contributions to the nation’s stability and prosperity. Speaking through Vice-President Kashim Shettima, who…

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