Tinubu, Labour Leaders In Closed-Door Meeting Over Minimum Wage

President Bola Tinubu and the leadership of the organized labour in the country are currently in a closed-door meeting over a new national minimum wage for Nigerian workers.

Naija News reports that the meeting is expected to dwell extensively on the crisis surrounding the inability of the Federal Government and Labour to reach a compromise over a new minimum wage.

President Tinubu is also expected to decide on the ₦62,000 proposal of the government and private sector side as well as the ₦250,000 demand of the Organised Labour.

Recall that the President of the Trade Union Congress, Festus Osifo, had dismissed insinuations that the new national minimum wage negotiation is dead.

Osifo made this known on Tuesday, stating that the Federal Government is still conversing with all relevant stakeholders, including the Nigerian Governors Forum, Local Government Administrators, the Organised Private Sector and Labour Unions.

Osifo said the Unions still insist on the N250,000 demand it made to the government, which was part of the recommendations submitted to the President by the Presidential Tripartite Committee on New National Minimum Wage.

He referred to the existing minimum wage of N30,000, which took two years to be negotiated, assuring that the Tripartite Committee had made appreciable progress since January 2024, when negotiations started.