The Federal Government on Wednesday admonished organized Labour to consider the broader economic implications of its push for an unrealistic higher national minimum wage.
Minister of Information and National Orientation, Mohammed Idris, who handed down the admonition, hinted that the N250,000 minimum wage demanded by labour could undermine the economy, lead to mass retrenchment of workers and jeopardize the welfare of Nigerians.
However, the labour unions refuted President Bola Tinubu’s claims during his Democracy Day broadcast on Wednesday that an agreement had been reached on the new national minimum wage.
Acting President of the Nigeria Labour Congress, Adewale Adeyanju, said as of the time negotiations ended on June 7, no agreement had been reached by the Tripartite Committee on the National Minimum Wage.
Adeyanju is acting on behalf of the NLC president, Joe Ajaero, who is attending an International Labour Organization conference in Geneva, Switzerland.
Tinubu drew the ire of the unions after stating that his administration would soon submit an executive bill to the National Assembly to codify the agreements reached in the minimum wage negotiations between Labour, the private sector, the states and the Federal Government.
The parties had engaged in prolonged talks for weeks with the unions insisting on N250,000 minimum wage while the Federal Government and the Organized Private Sector offered N62,000.
However, the state governors said they would not be able to sustain any minimum wage higher than N60,000.
Dismissing the offers made by the Federal Government and the OPS, the labour unions said they would not negotiate what they described as ‘starvation wage.’
READ ALSO: Labour denies agreement with FG on new minimum wage
N62,000 not acceptable
The Assistant General Secretary of the NLC, Chris Onyeka, said Labour would not accept the latest offer of N62,000 and the N100,000 proposal made by some individuals and economists.
This was as the NLC President, Joe Ajaero, said the unionists were waiting on the President to consider Labour’s proposal.
But speaking at the opening of the 2024 Synod of the Charismatic Bishops Conference of Nigeria in Abuja on Wednesday, the information minister emphasised the imperative of a realistic wage system that safeguards against mass retrenchment while addressing workers’ needs.
Idris restated the government’s dedication to reassessing the minimum wage but cautioned against demands that could disrupt the economy.
He highlighted the ongoing efforts to alleviate the cost of living, citing initiatives like the Presidential Compressed Natural Gas program aimed at reducing transportation expenses by 50 per cent.
While advocating wage increases, Idris stressed the importance of holistic relief measures beyond salary adjustments, urging Labour to recognize the significance of programs like the CNG initiative in enhancing citizens’ purchasing power.
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