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The Nigerian authorities stated Saturday that the minimal wage demand of labour unions was unrealistic and the federal government’s provide of a 100 per cent improve on the present minimal wage ought to be accepted by aggrieved employees.
The federal government thus urged the 2 main labour unions, NLC and TUC, to shelve their indefinite strike which is scheduled to begin on Monday throughout Nigeria.
The Minister of Data and Nationwide Orientation, Mohammed Idris, urged the labour unions to return to the negotiation desk.
He described the N494,000 new nationwide minimal wage demand by Labour as unrealistic and able to destabilising the economic system.
Mr Idris, at a information convention in Abuja, stated the demand, if effected, would quantity to a N9.5 trillion invoice for the federal authorities.
He pressured that apart from destabilising the economic system, it might additionally jeopardise the welfare of over 200 million Nigerians.
Mr Idris defined that the provide of N60,000 minimal wage by the federal authorities, which interprets to a 100 per cent improve on the present N30,000 minimal wage of 2019, has been accepted by the Organized Personal Sector (OPS), which is a member of the tripartite committee of the negotiation group.
“What Labour is demanding – N494,000, would improve by 1,547 per cent the present wage. It might cumulatively quantity to a N9.5 trillion invoice for the federal authorities.
“Nigerians want to know that whereas the FG is desirous of ample remuneration for employees, President Bola Tinubu is not going to encourage any motion that might result in large job losses, particularly within the personal sector, which can not be capable to pay the wage being demanded by the Organised Labour,” the minister stated.
Mr Idris famous that whereas the labour unions have been eager on the take-home of about 1.2 million employees, the federal authorities was involved in regards to the welfare of over 200 million Nigerians primarily based on its guideline of affordability, sustainability, and the general well being of the nation’s economic system.
He disclosed that due to the dedication of the Tinubu administration to the welfare of employees, the wage award of N35,000 for federal employees would proceed till a brand new nationwide minimal wage is agreed on and launched.
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PREMIUM TIMES experiences that the labour unions’ demand for a N494,000 minimal wage was primarily based on the massive improve in the price of residing for Nigerians attributable to authorities insurance policies, notably the removing of subsidies on petrol and the floating of the naira.
The unions have vowed to proceed the strike till the federal government meets their calls for or the federal government considerably ups its minimal wage provide.
Mr Idris’s assertion, suggesting that the federal government wouldn’t transcend the N60,000 provide, signifies that the strike could also be a chronic one.
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