Negotiations between the Federal Government and organized Labour on a new minimum wage will resume tomorrow after three unsuccessful attempts to reach an agreement. Nigeria Labour Congress (NLC) President Joe Ajaero announced the continuation of talks, emphasizing the urgency as the union's ultimatum expires on Friday.
The Federal Government has urged Labour to be considerate and patriotic in its demands, acknowledging the economy's recovery from the COVID-19 pandemic and other economic shocks. Minister of State for Labour and Employment, Nkeiruka Onyejeocha, highlighted the government's offer of N60,000 as a demonstration of its commitment to a fair agreement.
Despite the government increasing its offer to N60,000, Labour officials, who lowered their demand to N494,000, walked out of Tuesday's meeting for further consultation. The NLC has stated they will only accept a better offer during tomorrow's meeting and are not interested in attending just for the sake of talks.
The Federal Government reiterated its dedication to ensuring workers receive a living wage while balancing the nation's economic recovery. President Bola Ahmed Tinubu's administration remains focused on revitalizing the economy and improving the standard of living for all Nigerians.
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