Politics

No going again on N250,000 minimal wage, TUC insists

The Organised Labour nonetheless insists that the N250,000 benchmark stays the perfect minimal wage for staff in Nigeria, the President, Trade Union Congress, Festus Osifo, declared on Tuesday.

Osifo additionally said that TUC and the Nigeria Labour Congress have been assembly with officers of the Federal Government to achieve an settlement on the minimal wage.

He disclosed this on the Petroleum and Natural Gas Senior Staff Association of Nigeria Women Commission maiden Annual Convention in Abuja, with the theme, ‘The Dynamic Woman: Navigating Challenges in a Constantly Evolving World.’

Discussions on a brand new nationwide minimal wage has paused following the choice of President Bola Tinubu to seek the advice of with stakeholders earlier than sending the invoice to the National Assembly.

The Federal Government and Organised Private Sector have agreed on N62,000 as the brand new minimal wage, however labour is insisting on N250, 000.

Speaking on the occasion, Osifo stated negotiations on the brand new minimal wage has not been deserted, quite labour and the federal government have been fine-tuning the matter.

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“The minimal wage negotiations can’t be lifeless. The 2019 minimal wage (that has expired) took about two years to see the sunshine of day. We began the negotiations in 2017.

“We promised you when we started in January (this year) that we will ensure this one is fast – tracked for us not to be in the conundrum that we were in 2019 which took two years,” the TUC president said.

He insisted that the minimal wage was receiving consideration, including that the President wished additional consultations earlier than submitting it to the National Assembly.

“So the place we’re in the present day, we submitted the divergent place in June, once we did that you understand clearly that Mr President got here out to say that he wished to seek the advice of throughout board which is the governors, Local Government chairmen, organised personal sector and labour, so we’re doing a little degree of reach-out and conversations.

“So that what will be submitted to the National Assembly will actually be a minimum wage that will cater for the poorest of the poor, so for the fact that in the media we are not shouting, we are doing some level of internal work so that this bill will be submitted in earnest soon. We still insist on the N250,000 benchmark as ideal minimum wage,” Osifo said.

Okechukwu Nnodim

Okechukwu, a journalist with Punch Newspapers, has 15 years expertise masking Energy (Power and Petroleum), Finance, Agriculture, Environment, Humanitarian Services, Works and Housing, Trade and Investment, Capital Markets, Aviation and Transport, ICT, amongst others

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