Minimum wage: Labour may end strike, today.

Labour may end its strike over the new minimum wage as it reached an agreement with the Federal Government’s offer of N60,000.

The meeting, held in the office of the Secretary to the Government of the Federation, on Monday evening aimed to resolve and bring an end to the industrial action that had paralysed various sectors across the country.

After lengthy deliberations, several key resolutions were reached.

The agreement reached states,“ the President of Nigeria, Commander-in-Chief of the Armed Forces, is committed to establishing a National Minimum Wage higher than N60,000; and the Tripartite Committee will convene daily for the next week to finalize an agreeable National Minimum Wage.”

The organised labour also agreed to “immediately hold meetings of its organs to consider this new offer, and no worker would face victimisation as a consequence of participating in the industrial action.”

These resolutions were signed on behalf of the Federal Government by Minister of Information and National Orientation, Mohammed Idris, and Minister of State for Labour and Employment, Hon. Nkeiruka Onyejeocha.

Representing the organised labour were the President of the Nigeria Labour Congress, Joe Ajaero, and the President of the Trade Union Congress, Festus Osifo.

However, the Federal Government will on Tuesday (today) resume talks with organised Labour in a move to resuscitate the stalled minimum wage negotiation.

The meeting will be held amidst the nationwide strike which grounded the states and the Federal Capital Territory, Abuja, on Monday

Worried by the crippling impact of the strike, the Minister of Information and National Orientation, Mohammed Idris, again,called for more minimum wage negotiations.

In what he refered to as“a very passionate, heartfelt and deeply considered appeal” to organised labour, the information minister said the cost of the proposed minimum wage would total N9.5tn annually for the Federal Government.

He said, “As we had explained earlier, Labour’s current proposal of N494,000 is an increase of 1,547 per cent on the existing wage and translates into an annual wage bill of N9.5trn for the Federal Government of Nigeria.’’

The minister called the labour unions to return to the negotiation table and promised that the Federal Government would be available to further the discussions.

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