News
Minimum Wage: Labour Insists On N250,000, To Meet Tinubu Again In Seven Days

Leaders of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have met with President Bola Tinubu and have insisted on N250,000 as minimum wage.
The meeting is expected to continue in seven to further discussion on the minimum wage for workers.
Speaking with State House correspondents in Abuja on Thursday, Nkeiruka Onyejeocha, Minister of State for Labour, expressed confidence that the minimum wage issue would soon be resolved.
The minister who spoke shortly after the union leaders meeting with President Tinubu said,
“It is a fruitful meeting, father and children. I think we are hopeful that very soon everything will be resolved,” she said.
“Of course, when father and children talk, you know what it is. That’s just exactly what has happened. It took us almost about an hour. I believe that it’s all for good.”
On his part, Joe Ajaero, NLC president, said the meeting was not a negotiation but a discussion with the president.
“In a real sense, it wasn’t a negotiation but a discussion, and we have had that discussion,” Ajaero said.
“We agreed to look at the real terms probably and reconvene in the next one week.
“So that’s where we are. We didn’t go down there to talk naira and kobo. At least there were some basic issues that we agreed on.
“We didn’t go into naira and kobo discussions. Now the status quo in terms of the amount N250,000 and N62,000 remains until we finish this conversation.”
Festus Osifo, TUC president, said the meeting looked at the issues “bothering and biting Nigerians today”.
Recall that on June 3, the NLC and TUC embarked on a nationwide indefinite strike over the failure of the federal government to agree to their demand for the minimum wage.
The labour bodies proposed N494,000 as the new minimum wage, citing inflation and the prevailing economic hardship in the country while rejecting the federal government’s N60,000 offer.
On June 7, the Nigerian Governors Forum (NGF) said a N60,000 minimum wage would prove unsustainable.
At the last meeting of the tripartite committee set up to negotiate the minimum wage, labour rejected the N62,000 proposed by the government and lowered its demand to N250,000.
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