President Bola Tinubu will at this time meet with organised labour in Abuja to additional focus on the brand new nationwide minimal wage for staff.
In keeping with a supply aware about the event, the assembly is anticipated to happen on the Presidential Villa, Abuja
Right this moment’s assembly is the primary of its form between the federal authorities and the organised after talks on the minimal wage have been on maintain since June 7, 2024.
Final month, the Federal Govt Council (FEC ) stepped down the memo on the brand new minimal wage to permit the President to seek the advice of extra with state and native authorities, together with the non-public sector.
In the course of the ultimate stage of negotiations on the tripartite committee, organised labour rejected the federal government’s supply of N62,000.
The labour leaders have maintained a robust stance of N250,000 after each labour centres, the Nigeria Labour Congress (NLC) and the Commerce Union Congress of Nigeria (TUC), shifted their floor from the earlier N494,000.
At at this time’s assembly, Tinubu is anticipated to take a significant resolution that can put to relaxation any considerations a couple of new minimal wage for staff earlier than an govt invoice forwarded to the Nationwide Meeting for the 2024 Minimal Wage Act is handed.
In June, the president of TUC, Comrade Festus Osifo, hinted to journalists in Abuja that the brand new nationwide minimal wage is anticipated to be finalised by this month’s finish or by early August 2024.
The federal authorities has a historical past of tumultuous negotiations for minimal wage, with the final one -the 2019 Minimal Wage Act – expiring in April this 12 months. Nonetheless, the federal government has assured that cost for the wage will begin in April 2024.
It must be remembered that not too long ago, the Southern Governors’ Discussion board proposed a decentralised minimal wage negotiations system by which state governments could be allowed to barter a wage peculiar to their financial competence, however the improvement met stiff rejection from organised labour.
