Labour Reduces Minimum Wage To N500,000

In a bid to shift ground to ensure a speedy conclusion to negotiation on the new national Minimum Wage, the Organised Labour has reduced its demand from N615,000 to N500, 000 (Five hundred thousand Naira).

A source at the meeting told Vanguard correspondent that the government team is adamant about N54,000, complaining of non-availability of funds and the inability of the private sector to pay.

The source noted that the private sector has made an additional N3,000 taking up its offer to N57,000 from the initial N54,000

“Government has agreed that the NLC is using evidence-based presentation. But they argue that eight states are not paying or not fully implementing the 2019 minimum wage.”

 “Government is talking of non-availability of fund. They are also talking about the inability of the private sector to pay.”

On Labour shifting of ground by the organised labour, the source said, “Labour has been requested to shift in response to the Government. They complied and came down to N500,000.”

He said that the Imo State Governor, Hope Uzodimma was present at the meeting.

”The Imo State Governor has stepped in. He is not a member of the committee but it is good that there is at least a governor, as the six governors in the committee have been regularly absent.”

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Rita Elenwo

Rita Aletor- Elenwo, is a professional journalist with experience in broadcast, print and online reporting. A proud citizen of Edo state, Nigeria (Esan South East Local Government) Rita had her first degree in philosophy from Ebonyi State University (2008), PGD, in Communication from the University of Port Harcourt (2020), and currently in pursuit of an MSC degree in communication. Rita (nee Aletor-) is happily married with lovely children.

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