Minimum Wage Talks on Horizon, Government Pledges March Negotiations with Labour

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NLC-strike-Labour

A glimmer of hope emerged for Nigerian workers on Thursday as the federal government committed to negotiating a new minimum wage in March with the organised labour.

This announcement, delivered by Information and National Orientation Minister Mohammed Idris, came during the Media Trust Group’s dialogue on “Tinubu’s Economic Reforms: Gainers and Losers.”

The minister also urged Nigerians to give Tinubu some time to make things right.

“Labour was not comfortable. We entered into negotiation with the labour and after long discussions with them and President Tinubu, we arrived and agreed at N35,000 which was accepted,” NAN quoted Idris as saying.

“And the president said the N35,000 will be paid for six months to cushion the effects of the removal of fuel subsidy. That would be from September 2023 to February 2024.

“So, after the payment of wage award for six months; in March, the government and labour will come together again to deliberate on a new minimum wage for workers.

“However, it is important for Nigerians to understand the intention of Tinubu to address the welfare and wellbeing of all Nigerians. I know it is not easy, but Nigerians will be better for it.

“I want to call on Nigerians to give President Tinubu the time to make things right for the country.”

The news likely offers welcome relief to many workers struggling with the combined effects of rising inflation and the recent fuel subsidy removal under President Bola Tinubu’s administration. Notably, Minister Idris revealed that the government initially proposed a N25,000 wage award to cushion the blow of the subsidy removal, although this offer was ultimately rejected by labour unions.

However, with talks officially slated for March, the prospect of securing a revised minimum wage gains traction. While specific details remain under wraps, this commitment to dialogue between the government and labour unions suggests a willingness to address concerns surrounding living standards amidst fluctuating economic conditions.

 

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