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The minimum wage negotiations come to a close today, and labor is waiting for Tinubu's approval.

 

As the leaders of the Nigeria Labour Congress and the Trade Union Congress await President Bola Tinubu's decision on their N250,000 offer, the negotiations over a new minimum wage between the Federal Government and Organized Labor are anticipated to come to an end on Monday, or today.


The labor leaders set a deadline of Monday for the resolution of the negotiations on the new minimum wage.


The Federal Government, the Organized Private Sector, and Labor agreed on N62,000, while the Tripartite Committee on National Minimum Wage finished its meetings last Friday. Labour requested N250,000.


In a statement, the Nigeria Governors Forum asserted that a minimum salary beyond N60,000 was unsustainable.

Labour leaders told our correspondents on Sunday that the parties were awaiting the President's decision about the recommendations made by the tripartite committee.


For security reasons, the labor leaders, who wished to remain anonymous, said that NLC President Joe Ajaero and other high-ranking union officials had departed the nation to attend a labor convention in Geneva, Switzerland, which was being hosted by the International Labour Organization.


The PUNCH was notified that, upon their return from Geneva and in consideration of the president's input, the labor leaders would convene their National Executive Council meeting and decide whether to proceed with the strike.

"The report has been presented to the president, and we are awaiting his decision. We are all waiting for that since it is the most crucial thing.

Currently, a few of us are in route to Geneva for the ILO gathering. Sunday is the day that some of us are going, some of us have already gone, and others w"We have to return from Geneva before we can even convene a meeting of the NEC. We are also taking precautions to avoid the government accusing Labour of instigating people to oppose the administration. We are attempting to exercise caution because, as you are aware, they are in charge of the armed forces. We are waiting for this reason," a senior NLC official stated.


Another NLC source responded, "We have sent a report to the committee and we are expecting the president to act on it," when questioned about Monday's ultimatum.


"We ought to call a meeting of the National Executive Council to discuss the ultimatum once we get back from Geneva. Although it is crucial that we attend, we are currently waiting amiably for the President to make his decision.


Organized Labor, which includes the TUC and NLC, went on a two-day statewide walkout last Monday and Tuesday in protest of the increase in electricity prices and in demand of a higher minimum wage for workers.


However, the labor leadership agreed to resume talks with the federal government and come up with a new minimum wage within a week, which resulted in a five-day suspension of the strike.


The strike was put on hold after a six-hour meeting on Monday night in Abuja between the National Assembly and the labor leadership.

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