
The Nigerian Labour has resumed minimum wage negotiations with the federal government.The organized labour which consists of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) had rejected an offer of N48,000 (later increased to 54,000)earlier presented by the tripartite committee set up by the presidency . The worsening economic situation of the country and high costs of living are among the reasons cited for the rejection.It should be recalled that on Monday, at the end of a joint national executive council (NEC) meeting, the labour unions gave the federal government until May 31 to finalise the new national minimum wage fixing process, demanding a sum of N615,000 as the new national minimum wage.The talks are set to continue on Wednesday, 22nd of May, 2024.
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