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November 14, 2024No Going Back On N250,000 Minimum Wage, TUC Insists
No Going Back On N250,000 Minimum Wage, TUC Insists
The Trade Union Congress (TUC) President Festus Osifo has said there was no going back in the decision of the organized Labour to get N250,000 as Minimum Wage.
Speaking at the inaugural Annual Convention of the Petroleum and Natural Gas Senior Staff Association of Nigeria Women Commission in Abuja, themed “The Dynamic Woman: Navigating Challenges in a Constantly Evolving World,” TUC president Festus Osifo disclosed ongoing negotiations between TUC, the Nigeria Labour Congress, and federal government officials to finalize the minimum wage agreement.
While the Federal Government and Organised Private Sector have agreed on a new minimum wage of N62,000, TUC persists in advocating for N250,000. Osifo emphasized that negotiations are progressing, aiming to avoid the prolonged process experienced with the previous 2019 minimum wage, which took two years to finalize.
“We submitted our position in June, and since then, we have engaged in consultations with various stakeholders including governors, local government chairmen, organised private sector, and labour,” Osifo explained. He assured stakeholders that efforts are underway to ensure a minimum wage bill that adequately supports the most vulnerable.
Despite the relatively low media visibility of ongoing negotiations, Osifo clarified that significant internal work is being conducted to advance the proposal swiftly. TUC remains steadfast in its stance, advocating for N250,000 as the appropriate benchmark for the minimum wage in Nigeria.
END.