The Tripartite Committee on Minimum Wage has postponed its meeting indefinitely, sources familiar with the matter disclosed on Tuesday.
During the meeting of the Tripartite Committee on Minimum Wage in Abuja, the Federal Government increased its proposed minimum wage by N3,000, raising it from N57,000 to N60,000.
In response, Organized Labour, comprising the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC), reduced its previous proposal by N3,000, adjusting from N497,000 to a lower figure.
Speaking with Punch, a leader of the NLC revealed, “The meeting ended in a stalemate and meetings have been adjourned sine die. The government proposed N60,000 which was not accepted by Labour.”
Another member of the Labour side noted that Organized Labour would only reduce its demands if the government made a more substantial offer.
“This is simply a case of if they go higher, we will go lower. They need to propose something reasonable for us to propose something lower too. There is no two-way about it. Also, we have a way of meeting ourselves as members of the Labour before each committee meeting. This will help us to take a uniform stand by the time we get to the meeting front. So as long as the government is ready to present something reasonable, we will meet them in the middle,” the Labour leader explained.
Labour had previously set a deadline of May 31, 2024, for the announcement of the new minimum wage.
