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    Home » Organized Labour rejects Tinubu’s N62,000 minimum wage offer

    Organized Labour rejects Tinubu’s N62,000 minimum wage offer

    July 14, 2024
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    *L-r: Festus Osifo, Joe Ajaero, President Bola Tinubu, Nkiruka Oyejeocha and Tommy Okon when the President hosted Labour leaders at the villa yesterday to discuss minimum wage.

    – As FG, Labour adjourn talks to next Thursday

    Mkpoikana Udoma

    Port Harcourt — President Bola Tinubu has appealed to organized labour to accept his government’s proposed minimum wage of N62,000, a far cry from the N250,000 demanded by labour.

    The talks, adjourned until next Thursday, saw the President suggesting a review of the minimum wage law to allow for more frequent adjustments.

    “Why must we adjust wages every five years? Why not two, why not three years? What is a problem today, can be eased up tomorrow”, President Tinubu said.

    Labour leaders remain adamant, insisting on a higher wage to reflect the country’s economic realities; the stalemate continues, with both sides digging in.

    “We cannot accept anything less than N250,000. The federal government’s offer is ridiculous as it cannot feed a family of four for two weeks,” said Comrade Joe Ajaero, National President of the Nigerian Labour Congress, NLC.

    The negotiations will resume next week, with hopes of finding a mutually acceptable solution.

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