Politics

JUST IN: Labour yet to reach agreement with FG on minimum wage

Organised Labour has denied claims that it reached an agreement with the federal government on minimum wage.

President Tinubu has said in his Democracy Day speech that an executive bill with an agreed minimum wage would soon be taken to the National Assembly for formalisation.

However, Prince Adewale Adeyanju, the acting vice president of the Nigeria Labour Congress, stated in a statement on Wednesday, June 12, that at the time negotiations finished on Friday, June 7, the Tripartite Committee on the National Minimum Wage had not reached an agreement.

The statement reads: “The NLC would have expected that the advisers of the President would have told him that we neither reached any agreement with the federal government and the employers on the base figure for a National Minimum Wage nor on its other components.

“Our demand still remains N250,000, (two hundred and fifty thousand Naira) only and we have not been given any compelling reasons to change this position which we consider a great concession by Nigerian workers during the tripartite negotiation process.

“We are therefore surprised at the submission of Mr. President over a supposed agreement. We believe that he may have been misled into believing that there was an agreement with the NLC and TUC.

“There was none and it is important that we let the President, Nigerians and other national stakeholders understand this immediately to avoid a mix-up in the ongoing conversation around the national minimum wage.”

Details shortly…

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