Always Visit www.NaijaCover.Com

Posted By Admin On May 23rd, 2024

The Organised Labour has made a fresh proposal of N497,000 to the Federal Government as minimum wage.

The Federal Government and the Organised Private Sector have also jointly proposed the sum of N57,000 as minimum wage.

A highly Informed source at the just-concluded tripartite committee meeting on minimum wage made this known in an interview with our correspondent.

The source said, “Labour has now made a fresh proposal of N497,000; the Federal Government and OPS have jointly proposed N57,000.”

President Bola Tinubu, through Vice President Kashim Shettima, on January 30, 2024, inaugurated the 37-member Tripartite Committee on Minimum Wage to come up with a new minimum wage ahead of the expiration of the current N30,000 wage on April 18.

The panel, whose membership includes federal and state governments, the private sector, and organised labour, will recommend a new national minimum wage for the country.

During the panel’s inauguration, Shettima urged the members to “speedily” reach a resolution and submit their reports early.

“This timely submission is crucial to ensure the emergence of a new minimum wage,” Shettima said.

In furtherance of its assignment, a zonal public hearing was held simultaneously on March 7 in Lagos, Kano, Enugu, Akwa Ibom, Adamawa, and Abuja.

The NLC and the TUC in different states proposed various figures as a living wage, referencing the current economic crunch and the high costs of living.

In their different proposals on the minimum wage, the NLC members in the South-West states demanded N794,000 as the TUC suggested N447,000.

At the North-Central zonal hearing in Abuja, the workers demanded N709,000 as the new national minimum wage, while their counterparts in the South-South clamoured for N850,000.

In the North-West, N485,000 was proposed, while the South-East stakeholders demanded N540,000 minimum wage.

But organised labour settled for N615,000 as a living wage.