The Federal Government has extended an invitation to representatives of organized labour for the continuation of negotiations on the new minimum wage.
The tripartite committee meeting is scheduled to take place on Friday, May 31st.
In a letter signed by the Committee Secretary, Ekpo Nta, the leadership of both the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC) have been summoned to attend the crucial meeting aimed at reaching an agreement on the long-awaited new minimum wage.
This development comes after previous negotiations reached an impasse, with the scheduled meeting set to be the seventh in the series of meetings held by the committee.
Members of the tripartite committee have been grappling with the challenge of agreeing on a figure that would serve as the new minimum wage for Nigerian workers.
The previous meeting, held on Tuesday, failed to yield a consensus, as the Organised Labour rejected the ₦60,000 offer proposed by the federal government.
This rejection highlighted the ongoing challenges and the substantial gap between the demands of labour unions and the government’s position.
For months, labour unions and the federal government have been at odds over the new minimum wage, with labour initially demanding a substantial increase to ₦615,000. However, they have since revised their request twice, most recently to ₦494,000.
As the negotiations continue, all eyes will be on the tripartite committee meeting on Friday, where both parties will seek to find common ground and reach a mutually acceptable agreement on the new minimum wage.
The outcome of these talks will have far-reaching implications for Nigerian workers and the country’s economy.
