BREAKING:Strike May End Any Moment As FG, Labour Reach Tentative Agreement on Minimum Wage

BREAKING: FG, Labour Reach Tentative Agreement on Minimum Wage

The Federal Government and Organised Labour have reached a tentative agreement on a new national minimum wage after a marathon meeting.

The meeting was a follow-up to the negotiation by the Tripartite Committee on National Minimum Wage and the subsequent withdrawal of the Organised Labour from the negotiation table.

Earlier, Eaglessightnews reports that members of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) embarked on an indefinite nationwide strike to press home their demands for a new national minimum wage and reversal of the recent electricity tariff hike, which paralyzed activities in both public and private sectors across the country.

The agreement was reached after a lengthy meeting that involved the Ministers of Information and Labour and Employment, Mohammed Idris and Nkiruka Onyejeocha, respectively, on the part of the Federal Government, and NLC and TUC Presidents, Joe Ajaero and Festus Osifo, respectively, on the part of the Organised Labour.

The meeting agreed on a four-point resolution as a pathway to ending the ongoing industrial dispute:

“The President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria is committed to a National Minimum Wage that is higher than N60,000;

“Arising from the above, the Tripartite Committee is to meet every day for the next one week with a view to arriving at an agreeable National Minimum Wage;

“Labour in deference to the high esteem of the President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria’s commitment in (ii) above undertakes to convene a meeting of its organs immediately to consider this commitment; and

“No worker would be victimised as a result of the industrial action,” the resolutions read.

This development is a significant step towards resolving the ongoing industrial action and addressing the demands of the Organised Labour.