Minimum Wage: NLC, TUC leaders vows to reject little addition to ₦60,000

The Organised Labour has promised to reject any little additions to the tripartite committee’s ₦60,000 offer for the new minimum wage.

Festus Osifo, President of the Trade Union Congress (TUC), revealed this on Politics Today programme hosted by Channels TV on Tuesday, hours after the Organised Labour, which includes the TUC and the Nigeria Labour Congress (NLC), called off its industrial action, which began at 12:01 a.m. on Monday.

“At the meeting on Friday, they (the tripartite committee) said they would not add anything more to the ₦60,000 but in the meeting of yesterday (Monday), Mr President was able to commit to doing what is more than ₦60,000,” Osifo said.

When asked whether Labour would accept a few thousand naira additions to the last offer of the tripartite committee which has the Federal Government, states and the Organised Private Sector as members, the TUC boss said, “No, we also told them that it’s not that we’d get to the table and you start adding ₦1, ₦2, ₦3000 as they were doing and we got some good guarantees here and there that they would do something good.”

Osifo said the Organised Labour is not fixated on ₦494,000 as the new minimum wage for workers in the country but the tripartite committee must show seriousness and offer workers something economically realistic in tandem with current inflationary pressures.

More to follow…