Thursday, 02 May 2024 04:38

Workers' frustration mounts as FG delays minimum wage announcement

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The expectations of workers were dashed as the Federal Government refrained from unveiling the long-awaited increase in the minimum wage yesterday.

President Bola Tinubu, however, pledged to enforce a living wage that reflects the current economic circumstances.

Addressing attendees during the May Day celebration at the Eagle Square in Abuja, Tinubu, represented by Vice President Kashim Shettima, acknowledged the diligent efforts of the Tripartite Committee in proposing a national minimum wage. He expressed regret over the committee's inability to reach a consensus at its last meeting but assured resolution soon.

Tinubu emphasized the government's openness to considering not just a minimum wage but a living wage.

Despite assurances, Organised Labour has threatened to disrupt industrial peace and harmony if the tripartite Committee's negotiations on the National minimum wage are not concluded by the end of May.

Nigeria Labour Congress (NLC) President Joe Ajaero and Trade Union Congress (TUC) counterpart Festus Osifo jointly voiced their demands, citing N615,000 as a figure based on current economic realities.

They advocated for an upward review of retirement age in public service and urged members to remain vigilant and hopeful for better days ahead.

In a collective statement, they emphasized the importance of a national minimum wage that approximates a living wage, grounded in objective realities rather than fantasy, and urged prompt action to ensure workers' needs are met. They warned of potential industrial action if negotiations are not swiftly concluded.

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