BREAKING: FG Commences Final Minimum Wage Presentation Meeting With Labour

FG has commenced the final minimum wage presentation meeting with Labour.

 

NewsOnline Nigeria reports that the Federal Government’s Tripartite Committee are currently meeting with organized labour to present a new minimum wage offer as proposed and presented to President Bola Tinubu yesterday, Thursday, 6th June 2024 by the  Minister of Finance, Wale Edun.

 

The meeting which kicked off around 11 am as disclosed by Imo State Governor, Hope Uzodimma while appearing on Channels TV is aimed at presenting the new minimum wage figure to the labour unions.

 

This Nigeria news platform recalls that Governor Hope Uzodimma, who is a member of the Tripartite Committee said the government would arrive at a figure when the committee reconvenes by 11 am on Friday (Today).

 

ALSO: FG Meets Labour, Set To Announce Make Or Break New Minimum Wage

 

Also, NewsOnline Nigeria reports that Labour is likely to commence strike on Monday if the government fails to reach an agreement today.

 

Organised labour had earlier ‘relaxed” the strike for 5 days after its national executive council (NEC) meeting in Abuja on Tuesday.

 

Ajaero said Monday’s meeting with the federal government means negotiations can be completed within a week.

 

The NLC president said the negotiation has returned to the status quo of N494,000 and N60,000 demands.

 

“We did not suspend. We relaxed our action for one week so that we can negotiate. Yesterday’s meeting was a kind of mediatory meeting,” Ajaero said.

 

“The federal government is committed to moving beyond N60,000. It is like they have given a framework for us to negotiate and reach a certain threshold.

 

“The meeting showed that the negotiation should be completed within one week” which is today, Friday, 7th June 2024.

 

Meanwhile, NewsOnline Nigeria reports that Governors are not considering a minimum wage that is higher than N70,000, it was learnt last night.

At a meeting yesterday in Abuja, the state helmsmen reviewed the economic situation and concluded that anything above N70,000 will not be affordable and sustainable.

 

They ruled out the N100,000 option being dangled by some people.

Sources at the meeting said the governors, who met under the auspices of the Nigeria Governors’ Forum (NGF), considered options between N60,000 offered to Labour by the Federal Government before the strike, and N70,000, which is what the Edo State Government has started paying.