FG's New Minimum Wage Proposal Unveiled, Details Emerge

FG's New Minimum Wage Proposal Unveiled, Details Emerge

  • President Bola Tinubu-led federal government has been said to be planning the proposal of N150,000 to N200,000 as the new minimum wage
  • A source within the office of the SGF made the revelation as the office conveyed a meeting between the federal government and the organised labour
  • Recall that the NLC and TUC, in their joint submission to the federal government, proposed N615,000 as the new minimum wage

Legit.ng journalist Bada Yusuf is an accomplished politics and current affairs editor, boasting over seven years of experience in journalism and writing.

FCT, Abuja - The federal government, under President Bola Tinubu's watch, is said to be proposing a new minimum wage of between N150,000 and N200,000 for the organised sector.

This is as if the government had fixed meetings with the leadership of organised labour. The meeting is expected to take place at the office of the secretary to the government of the federation (SGF), and government representatives on the tripartite committee on the new minimum wage will be in attendance.

Read also

FG moves to merge CBN's NIRSAL Microfinance bank with Bank of Agriculture

President Bola Tinubu-led federal government has reportedly proposed between N150 to N200k as the new minimum wage for workers.
Amount Tinubu is proposing for new minimum wage emerges Photo Credit: Bola Ahmed Tinubu
Source: Twitter

FG meets labour leaders over minimum wage

According to This Day, the letter for the meeting was dated April 24 and signed by the permanent secretary to the SGF.

The letter reads in part:

“The purpose of the meeting is to deliberate and agree on the government position on the new minimum wage, which will be presented at the next meeting of the triparted Committee”.

Recall that the Nigeria Labour Congres (NLC) and Trade Union Congress (TUC) have made separate proposals for the new minimum wage, citing what they referred to as the economic realities.

Details of new minimum wage NLC proposed

They have urged the government to adhere to their demands for a living wage that would sustain an average worker over the rising cost of living in the country.

Read also

Wages award: Organised labour singles out 4 states as worst culprits

While the NLC had proposed N794,000 as the minimum wage for workers, the TUC proposed a figure of N447,000 per worker.

However, the two unions submitted a proposal to the government for N615,000 as the new minimum wage, stating that it reflected the current economic challenges.

A reliable source in the SGF office disclosed that from all indications, the federal government would consider an amount ranging from N150,000 to N200,000, and it would be tabled before the committee for further negotiation.

Six states demand N6k as minimum wage

Legit.ng earlier reported that workers in Taraba and Gombe states demanded a new minimum wage of N60,000.

This is contrary to the demands of workers in the southwest, who were demanding a minimum of N794,000.

The workers in the geopolitical zones in the country are presenting their demands to the presidential tripartite committee on the national minimum wage.

Source: Legit.ng

Authors:
Bada Yusuf avatar

Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished writer with 7 years of experience in journalism and writing, he is also politics and current affairs editor with Legit.ng. He holds B.A in Literature from OAU, and Diploma in Mass Comm. He has obtained certificates in Advance Digital Reporting, News Lab workshop, Journalism AI Discovery. He previously worked as Editor with OperaNews. Legit’s Best Editor of the Year for Politics and Current Affairs Desk (2023). Contact: bada.yusuf.amoo@corp.legit.ng