" Labour Reduces Minimum Wage Demand To N500,000 - Flavourway

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Thursday, May 23, 2024

Labour Reduces Minimum Wage Demand To N500,000

 


The Organised Labour has reduced its minimum wage demand from N615,000 to N500,000 at the ongoing Tripartite Committee as they seek to reach a resolution in negotiations.

According to Vanguard, the government is hesitant on increasing their N54,000 offer, as they complained about non-availability of fund and the inability of the private sector to pay.

But the private sector has made additional N3,000 taking up its offer to N57,000 from the initial N54,000.

A statement reads:

“Government has agreed that NLC is using evidence-based presentation. But they argue that eight states are not paying or not fully implementing the 2019 minimum wage.”

“Government is talking of non-availability of fund. They are also talking about the inability of the private sector to pay.”

The organised labour in turn said:

“Labour has been requested to shift in response to the Government. They complied and came down to N500,000.”

“The Imo State Governor has stepped in. He is not a member of the committee but it is good that there is at least a governor, as the six governors in the committee have been regularly absent.”

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