“Unacceptable!” Labour Party Rejects Paltry Addition to ₦60,000 Minimum Wage

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Minimum Wage

The Organised Labour has vowed to reject any lean addition to the ₦60,000 offer by the tripartite committee on the new minimum wage.

The President of the Trade Union Congress (TUC), Festus Osifo, stated this on Channels Television’s Politics Today programme on Tuesday, hours after the Organised Labour comprising the TUC and the Nigeria Labour Congress (NLC) suspended its industrial action which started at 12:01 am on Monday.

“At the meeting on Friday, they (the tripartite committee) said they would not add anything more to the ₦60,000 but in the meeting of yesterday (Monday), Mr President was able to commit to doing what is more than ₦60,000,” Osifo said.

When asked whether Labour would accept a few thousand naira additions to the last offer of the tripartite committee which has the Federal Government, states and the Organised Private Sector as members, the TUC boss said, “No, we also told them that it’s not that we’d get to the table and you start adding ₦1, ₦2, ₦3000 as they were doing and we got some good guarantees here and there that they would do something good.”

Osifo said the Organised Labour is not fixated on ₦494,000 as the new minimum wage for workers in the country but the tripartite committee must show seriousness and offer workers something economically realistic in tandem with current inflationary pressures.

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