‘?N615,000 Harmonised  New Minimum Wage based on N1,700/$ computation’ – TUC, NLC

NLC TUC

The Trade Union Congress of Nigeria (TUN) president, Festus Osifo, says the N615,000 new minimum wage agreed on by the TUC and the Nigeria Labour Congress (NLC) was based on N1,700 per dollar computation.  The TUC leader said the much-awaited new wage announcement on May 1 might hold. Osifo, who stated this while speaking with newsmen yesterday in Abuja, said, “The negotiation by the Tripartite Committee is still ongoing. If you remember, the TUC earlier submitted N447,000 as the new minimum wage but we have harmonised our figure with the…

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Minimum Wage, TUC President says May 1st announcement not feasible

Organised Labour

The Trade Union Congress of Nigeria (TUC) President, Festus Osifo, has said that the much-awaited new minimum wage may not be announced on May 1st. Osifo said this while speaking with newsmen on Friday in Abuja. ”The negotiation by the Tripartite Committee is still on-going. If you remember, the TUC earlier submitted N447, 000 as the new minimum wage but we have harmonised our figure with the Nigeria Labour Congress (NLC). “It is now N615, 000. Regarding the when for the new minimum wage, the committee is still working. “So, certainly, May…

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Minimum wage hike tops Labour’s wish list for May 1st, Worker’s Day

Nigerian labour unions are gearing up for May Day celebrations with high expectations, particularly regarding a long-awaited increase in the national minimum wage. National Vice-President of the Trade Union Congress (TUC), Tommy Etim, emphasised the importance of May Day for Nigerian workers, calling it a “day of great anticipation”. He highlighted concerns about the impact of recent government policies on the welfare of workers, particularly rising poverty levels. Etim emphasised the urgent need for a new minimum wage to counter rising living costs. Organised Labour, comprising the Nigerian Labour Congress…

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Organised Labour demands N615,000 as minimum wage in fresh proposal

Organised Labour

Organised Labour, comprising the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC), has submitted a fresh proposal to the Federal Government, demanding N615,000 as the new minimum wage for workers in the country. According to a source, who is  a member of one of the sub-committees set up by the Government to work on getting a new minimum wage for the country, said the new wage of N615,000 monthly was reached after consultations by the NLC and TUC. However, the source reportedly hinted that the wage might still increase,…

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Minimum Wage: TUC asks FG to pay FAAC allocations of defaulting States to workers

…Says current minimum wage of N30, 000 unsustainable The Trade Union Congress, (TUC), has asked the Federal Government to pay the Federation Account Allocation Committee (FAAC) allocations of defaulting States to workers. TUC President, Festus Osifo, who stated this in an interview during a television programme, said the union is designing a clause in the framing of a new minimum wage that will sanction state governments who fail to pay the revised minimum wage when approved. He said, “We are designing a system as part of this new minimum wage…

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Tinubu set to announce new minimum wage

Indications have emerged that President Bola Tinubu may announce the new minimum wage on May 1, in commemoration of the International Labour Day and backdate its implementation to April. It was gathered that the National Minimum Wage Committee was working to ensure that all negotiations regarding the new rate were finalised before then, with the expectation that the President would announce the new minimum wage in his Workers’ Day address. A member of the committee, who spoke on condition of anonymity because of the sensitive nature of the issue, said,…

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‘NLC yet to determine new minimum wage’ – Ajaero

The Nigerian Labour Congress, (NLC), has distanced itself from the N500, 000 being canvassed as the new minimum wage, saying it has yet to adopt a position on an amount to be presented to the tripartite committee on the new minimum wage for workers. The NLC president, Joe Ajaero, disclosed this yesterday, in an interview with newsmen in Yola, the Adamawa State capital. Speaking at the sidelines of the North-East zonal public hearing by the tripartite committee on national wage, Ajaero noted that the N500, 000 and N700, 000 being…

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“Restore N35,000 wage award, pay December salaries” – Civil servants urge FG

As the world celebrated Christmas yesterday, some Nigerian civil servants have urged the Federal Government to pay arrears of the N35,000 wage award it promised workers. The civil servants, who spoke to newsmen in separate interviews, also advised the Federal Government to always endeavour to pay their December salaries before Christmas. Recall that President Bola Tinubu had shortly after announcing the removal of petrol subsidy, promised to give N35,000 wage award to Federal Government workers. The idea, according to the President, was to help the workers cushion transport costs amid…

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Jubilation, as FG commences payment of N35, 000 wage award

President Bola Ahmed Tinubu’s administration has commenced payment of the N35, 000 wage award to federal civil servants, under the Consolidated Public Service Salary Structure. According to reports, some civil servants confirmed that they started receiving credit alerts on Tuesday, October 31. A civil servant, who spoke on condition of anonymity, said: “Yes, I did receive it. I saw the alert about 15 minutes ago. I think it is for September because the alert indicated September.” Another civil servant also said: “Yes, I have seen mine too, but we are expecting…

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“N25, 000 low-grade workers’ wage increase not enough” – CDCs, groups tell Tinubu

Leaders of Community Development Committees (CDCs), rights groups, politicians and other Nigerians have reacted to the subsidy palliative and economic intervention plans announced by President Bola Tinubu yesterday. Recall that in his Independence Day nationwide broadcast on October 1, President Tinubu announced a monthly wage increase of N25, 000 for average low-grade workers for the next six months as subsidy palliative allowance. The president also emphasised other plans of his administration to stabilize the country’s economy, direct fiscal and monetary policy to fight inflation, encourage production, ensure security of lives…

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