Details of Minimum Wage discussion between organized Labour and President Tinubu

The latest round of discussions between Organized Labour and President Bola Tinubu regarding Nigeria’s minimum wage has concluded without reaching a definitive agreement.

The meeting, convened at the President’s behest, adjourned amid unresolved differences.

Labour leaders, addressing reporters after the session, indicated that further consultations will resume next week.

According to Daily Post, they emphasized the need to confer with their constituents on the outcomes of discussions with the Presidency.

Joe Ajaero, President of the Nigeria Labour Congress, reiterated Labour’s stance of proposing a minimum wage of N250,000, contrasting with the Federal Government’s offer of N62,000.

President Tinubu had previously asserted his intention to endorse a minimum wage that aligns with Nigeria’s financial capabilities, a sentiment he reiterated during a recent dinner engagement.

Expectations for a revised minimum wage have been high among Nigerians, particularly the workforce, amidst ongoing economic challenges.

The impasse underscores the complexities in reaching a consensus on a critical issue affecting millions of Nigerian workers.