Federal Government of Nigeria Proposes N54,000 as New Minimum Wage
The Federal Government of Nigeria has proposed a new minimum wage of N54,000 for Nigerian workers. This offer comes after the initial proposal of N48,000 was rejected by organized labor groups, including the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC). Despite the increased offer, labor representatives have once again rejected the new figure, stating that it falls short of their expectations and does not meet the needs of workers.
During ongoing negotiations with the tripartite committee comprising the Federal Government, labor unions, and the Organised Private Sector (OPS), labor representatives emphasized that they could not accept a proposal that would lead to a reduction in income for federal workers who currently receive N77,000. The N54,000 proposal aligns with the figure previously presented by the OPS during negotiations.
Hakeem Ambali, the National Treasurer of NLC and a member of the tripartite committee, highlighted that labor is standing firm on their demand for a minimum wage of N615,000, which they argue is necessary to address the economic realities faced by Nigerian workers. Labor insists on a fair wage that considers various socioeconomic indicators such as rent, food costs, and medical expenses.
While there are indications that the OPS may be willing to adjust their stance if the government increases its offer beyond N54,000, specific figures have not been disclosed. The negotiations have been adjourned to allow input from the Nigeria Governors’ Forum (NGF) before further discussions take place.
In summary, despite the Federal Government’s revised proposal of N54,000 as the new minimum wage for Nigerian workers, organized labor remains steadfast in their demand for N615,000 as a living wage that reflects current economic conditions and adequately supports workers and their families.
