Labour Reduces Minimum Wage Demand, Here’s New Amount

Voice Air Media, VAM News Update

THE Organised Labour rejected the government’s fresh offer, the third proposal in about a week when negotiation talks resumed on Wednesday.

However, the NLC and the TUC shifted ground from their initial ₦615,000 to ₦497,000.

The Federal Government and the Organised Private Sector side of the talks proposed a ₦57,000 monthly minimum wage as against the ₦54,000 they proposed on Tuesday when the committee resumed negotiations. The government had initially proposed ₦48,000 last week, which was also rejected by the Organised Labour.

At the resumption of the negotiations on Tuesday, the NLC and the TUC also rejected the new proposal of ₦54,000 minimum wage by the government.

The committee is yet to agree on a new minimum wage just about 10 days before the May 31 deadline the labour unions gave to the government to conclude the negotiations.