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TUC insists there is no way back to 250,000 naira minimum wage

Commerce unions proceed to take care of that the minimal wage of N250,000 is the perfect minimal wage for staff in Nigeria, Commerce Union Congress President Festus Osifo stated on Tuesday.

Osifo additionally acknowledged that the TUC and the Nigeria Labour Congress had met with federal authorities officers to achieve an settlement on the minimal wage.

He made this announcement in the course of the first annual conference of the Petroleum and Pure Fuel Senior Employees Affiliation of Nigeria Girls Fee in Abuja, with the theme: ‘The Dynamic Girl: Assembly Challenges in an Ever-Altering World.’

Discussions over a brand new nationwide minimal wage have been stalled after President Bola Tinubu determined to seek the advice of stakeholders earlier than sending the invoice to the Nationwide Meeting.

The Federal Authorities and the organised personal sector have agreed on the brand new minimal wage of N62,000 however the unions proceed to insist on N250,000.

Osifo stated in the course of the occasion that negotiations on the brand new minimal wage haven’t stopped, however that the unions and the federal government are fine-tuning issues.

“The minimal wage negotiations can’t be lifeless. The 2019 minimal wage (which has expired) took about two years to see the sunshine of day. We began negotiations in 2017.

“Once we began in January (this yr) we promised that we might ensure that this occurred shortly in order that we did not find yourself in the identical predicament as in 2019, when it took two years,” the TUC chairman stated.

He pressured that focus was being paid to the minimal wage and that the President needed extra session earlier than submitting the proposal to the Nationwide Meeting.

“So the place we at the moment are, we filed the dissenting place in June, once we did that, you realize, the President stated he needed to seek the advice of the whole board, that’s, the governors, the native authorities chairmen, the organized personal sector and the labor unions, so we’re at some stage reaching out and having discussions.

“So what shall be offered to the Nationwide Meeting will really be a minimal wage that can cater to the wants of the poorest of the poor, so for the sake of not shouting within the media, we’re doing a little stage of inside work in order that this invoice shall be tabled severely quickly. We proceed to stay to the N250,000 benchmark as the perfect minimal wage,” Osifo stated.

Okechukwu Nnodim

Okechukwu, a journalist with Punch Newspapers, has 15 years of expertise reporting on power (energy and petroleum), finance, agriculture, surroundings, humanitarian providers, works and housing, commerce and funding, capital markets, aviation and transportation, ICT, and lots of extra.

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