November 21, 2024

Roadmap to N60,000 minimum wage: Presidency hold crucial meeting on implementation as labour shelves strike for one week

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A meeting is underway at the Presidential Villa in Abuja, Nigeria’s capital, to discuss the implementation of the minimum wage, following the temporary suspension of the strike by the organised labour unions, comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC)

The committee members are engaging with the Nigerian President Bola Ahmed Tinubu to determine the next steps towards fulfilling the promise to increase the minimum wage to over N60,000 for workers.

Top officials at the meeting include the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Minister of Budget and National Planning, Atiku Bagudu, and the Chief Executive Officer of the Nigeria National Petroleum Company Limited, CEO of NNPCL, Melee Kyari.

The Chief of Staff to the President, Femi Gbajabiamila is also part of the officials.

Presidential spokesperson, Bayo Onanuga, earlier declared President Bola Tinubu’s assurance to Organised Labour that his government is committed to a minimum wage above N60k.

The organised labour bodies are seeking a new minimum wage to cushion the biting cost of living in Nigeria that has reached new record levels, following the removal of subsidy and floating of the local currency.

Fuel distribution, health, banking and other essential services nationwide were severely affected as critical sector unions asked their members to ensure total compliance.

The strike has been shelved for a week after the Nigerian government signed an agreement with the Organised Labour late Monday with promises that President Bola Tinubu will be committed to a national minimum wage above N60,000.

 

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