Tag: MINIMUM WAGE

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

Aminu Imam
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

Abdul-Azeez Ahmed Kadir
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 Labours wish list for May 1st, Workers Day

Aminu Imam

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

Aminu Imam
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

Aminu Imam

…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

Aminu Imam

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

Aminu Imam

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

Aminu Imam

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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