Minimum wage: FG calls c’ttee meeting, Labour insists on May 31 deadline

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A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc

LAGOS — Following Organised Labour’s insistence on downing tools and declaring a nationwide strike if discussions on the new Nationalare not concluded by May 31, 2024, the Federal Government has summoned a meeting of the 37-member Tripartite Committee on the New National Minimum Wage, NNMW, for today in a major effort to beat the deadline.

There will also be a presentation by the NSIWC on the report of the income survey of the informal sector of the Nigerian economy 2023 and a report of the desk review of the remuneration survey of SMEs, conducted by SMEDAN/NBS 2013, 2017 and 2021.

“We are on the same page with President Bola Tinubu on a living wage for Nigerian workers. We expect all members to help the President and ensure that his promise to give workers a living wage is realized.Minimum Wage: Labour fires back at governors, says 'Don’t cause trouble with your utterances' “We have made it abundantly clear that if the discussions on the minimum wage are not concluded by the end of this month, we cannot guarantee national industrial peace and we mean everything about it.

“After tomorrow , we will know the position of government. All the committees have met and have done their work. So we expect that this meeting will unveil their offer. “Through rigorous engagement with all stakeholders, we have pressed for a two-year lifespan for the new Act, with automatic adjustments triggered by inflation surpassing 7.5 per cent.

 

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