The Federal Government is considering N24,000 as the new minimum wage for workers in the country. Minister of Labour Chris Ngige, disclosed this in a press briefing held after this week’s Federal Executive Council (FEC) meeting.
Negotiations so far
Ngige also provided insight on the progress in negotiations so far. According to him, after the NLC strike was suspended, the tripatrite committee comprising the Federal Government, Labour and Organized Private Sector (OPS) met.
While the NLC lowered its demand to N30,000, the OPS recommended N25,000 as the new wage. The FG then consulted with the 36 state governors, who pushed for N20,000.
All parties involved, are yet to reach a conclusion.
Prior to This
President Muhammadu Buhari, in November last year, inaugurated the National Wage Committee led by former minister and Head of Service, Ama Pepple.
During the 40th anniversary of Nigeria Labour Congress (NLC) in Abuja, the minister had stated that the new minimum wage would commence before the end of September, this year. He later backtracked, because the state governors were yet to submit their proposal on a new wage system.
In order to mount pressure on the Federal Government, the NLC gave a two week ultimatum, and then commenced a nationwide strike.
The minimum wage was last increased by the Goodluck Jonathan administration in 2011 from N7500 to 18,000.
It is a shame that Ngige can open his mouth and say this! N24,000 is the equivalent of 168 Litres of petrol or $68 a month! His official convoy will consume more than N24,000 fuel in a day. I imagine What that judgement day be like!