The negotiation by the tripartite committee on a new national minimum wage, has come to an halt as the Federal Government has come to the conclusion that it cannot afford more than N25,000 per month as the new minimum wage
Nigerian Labour Congress, NLC, and Organized Private Sector, OPS, have already agreed on a N30,000 minimum wage per month.
Daily post reported that the President of the NLC, Ayuba Wabba, in Abuja, yesterday, Monday 8th October 2018 said that the Tripartite Committee had completed its assignment for onward submission to President Muhammadu Buhari.
The Organized Labour had recently embarked on an industrial action over the Federal Government’s failure to present its figure at previous meeting.
The suspension of the strike was sequel to government’s reconvening of the committee for last Thursday, October 4 and Friday October 5, respectively.
However, disappointed with the Federal Government’s figure and sensing its unwillingness to increase the wages of workers in the midst of crushing economic hardship, organized Labor and OPS reached an accord, increasing earlier figure of N25,000 to N40,000.
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