The Organised Labour on Tuesday played down the decision of the Federal Executive Council to decline the memorandum on the report of the Tripartite Committee on New National Minimum Wage.
Vehemently against the failure of FEC to consider the memo during Tuesday’s FEC meeting, he Head of Public Relations of the Nigeria Labour Congress, Benson Upah, said declining the tripartite committee report “creates room for injurious speculations.”
The Minister of Information and National Orientation, Mohammed Idris, told journalists after the council meeting that the decision of FEC to decline the memorandum on the new minimum wage is to give room to for further consultations between President Bola Tinubu, state governors, local government authorities and the private sector.
Recall that the Federal Government, Organised Private Sector and Labour had held several meetings on the new minimum wage with the NLC and Trade Union Congress leaders insisting on N250,000.
The Federal Government, states and the OPS made a counter-offer of N62,000. Still, the Organised Labour said they would not accept the latest offer, even as the state governors argued that they would not sustain any minimum wage higher than N60,000.
The NLC President, Joe Ajaero, said the unionists were waiting on the President to consider Labour’s proposal.
The Information Minister however, in his speech at the opening of the 2024 Synod of the Charismatic Bishops Conference of Nigeria in Abuja, argued that the N250,000 minimum wage proposal could undermine the economy, lead to mass retrenchment of workers and jeopardise the welfare of Nigerians.
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