Labour Stands Firm on N615,000 Minimum Wage Amid Resumption of Talks

As negotiations resume today, May 15, 2024, between the tripartite committee and the Federal Government, labour unions maintain their stance on the proposed N615,000 minimum wage and insist on the May 31, 2024 deadline.

The tripartite committee, inaugurated by President Bola Tinubu and chaired by former Head of the Civil Service of the Federation, Goni Aji, aims to recommend a new national minimum wage. Despite the varied proposals from different zones during zonal public hearings, labour unions are steadfast in their demand for a substantial increase to reflect current economic challenges.

Sources close to the negotiations confirmed the resumption of talks, highlighting the urgency to reach a resolution before the looming deadline. Labour unions emphasize the importance of a realistic offer from the government, stressing that adequate compensation for workers will bolster productivity and stimulate economic growth.

However, amidst the negotiations, concerns arise regarding the government’s commitment to addressing labour issues, especially with the absence of a substantive Minister of Labour. While some advocate for a middle-of-the-road approach to bridge the gap between labour’s demands and fiscal realities, others deem the proposed N615,000 minimum wage as unrealistic given Nigeria’s resource constraints.

As discussions unfold, stakeholders anticipate meaningful dialogue and concrete proposals that prioritize the welfare of workers and contribute to national development.