NEWS

Minimum Wage: Labour Shifts To 497,000, Rejects FG’s Fresh 57,000 Proposal

This marks the third proposal in approximately a week, with negotiations resuming on Wednesday.

By Musa Ibrahim

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), part of the Organised Labour, have once again declined the Federal Government’s latest offer of a ₦57,000 minimum wage.

This marks the third proposal in approximately a week, with negotiations resuming on Wednesday.

Despite their initial demand of ₦615,000, the NLC and TUC adjusted their request to ₦497,000. Conversely, the government and the Organised Private Sector proposed ₦57,000, up from ₦54,000, which was rejected on Tuesday.

Initially, the government proposed ₦48,000, which was also turned down by the Organised Labour. The negotiations, scheduled to conclude by May 31, are yet to reach an agreement.

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