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N250,000 Minimum Wage demand open to adjustment — Labour

Organised labour appears to have backed down on its demand for N250,000 as minimum wage.

Trade Union Congress (TUC) President Festus Osifo said yesterday that there was nothing sacrosanct about the N250,000, adding that labour was receptive to adjustments.

There was no immediate response from the federal government last night on the latest stance of organised labour, although the Senate yesterday pledged to grant accelerated consideration and passage of the new minimum wage bill from President Bola Tinubu.

Only last Wednesday, the acting President, Nigeria Labour Congress (NLC), Prince Adewale Adeyanju, said labour’s demand “remains N250,000, and we have not been given any compelling reasons to change this position, which we consider a great concession by Nigerian workers during the tripartite negotiation process.”

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Adeyanju was responding to the Democracy Day broadcast of President Bola Tinubu in which he said an agreement had been reached on the new national minimum wage.

Osifo himself in his first reaction to the FG and OPS agreement on N62,000 as minimum wage penultimate Friday had said  “for us (labour), we felt that with the current economic hardship and the difficulty in the land, the sum of N250,000 should be what will be okay as the minimum wage.

But speaking yesterday on Channels Television’s breakfast programme, The Morning Brief, he said there was  “no figure that is sacrosanct; there is no figure that is cast in stone that both parties will be fixated on it.”

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He added: “What we said is that for us, when we give figures, there is always a room to meander; there is always a room for us to do some adjustment here and there.

“One of the reasons that we went on industrial action the last time was because when it got to N60,000, they told us that a kobo could not even join the N60,000; that they could not even add one naira to it.

 

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