Nigeria’s Federal Government and organised labour on Thursday rose from a meeting on the contentious national minimum wage and settled for N70,000 as new minimum wage for Nigerian worker.
The meeting, the second within seven days, held at the instance of President Bola Tinubu, at the State House, Abuja, had in attendance representatives of both the Nigeria Labour Congress and the Trade Union Congress led by their respective Presidents, Comrades Joe Ajaero and Festus Osifo.
After the two-hour long meeting, Minister of Information and National Orientation, Mohammed Idris; Minister of State for Labour and Employment, Hon Nkeiruka Onyejeocha; NLC President Ajaero and his TUC counterpart, Osifo took turns to brief newsmen about the outcome of the meeting.
Idris told reporters that both the federal government and organized labour settled for N70,000 as minimum wage for the least paid Nigerian worker.
He also said the President promised Nigerians massive investment in infrastructure and renewable energy as boost in the wake of the issue of wage increase.
Idris added that the withheld salaries of SSANU and NASU workers in public universities are to be immediately addressed by President Tinubu.
According to the Minister: “Today’s a happy day for Nigeria. You recall that last week we had a meeting here and the organized, private sector and the sub-nationals have also held their various meetings with Mr. President following the submission of the tripartite agreement to Mr. President.
“Labour came last week. They had meeting with Mr. President. They asked for adjournment for a week to go and consult further. They did those consultations. They have come back today and we have met with Mr. President.
“We’re happy to announce today that both the federal government and organized labour have agreed on an increase on the N62,000. The new national minimum wage that we expect us to present to submit to the National Assembly for legislation is N70,000. “But that is not all. There is also a boost like Mr. President has assured in ensuring that massive investment is going to be made in the area of infrastructure. There is also a deepening of the investment of the federal government in renewable energy. More money is going to go into the acquisition of more buses, the CNG buses, Nigeria is going to be more CNG compliant, according to the President.
“We’re moving in this transition to renewable and all other things that Mr. President has assured Labour the issue of SSANU and NASU is also going to be looked at. And we are happy, we are very thankful of the role that the organized labour has played today. They recognized the federal government’s role in ensuring that we have the local government autonomy, and also ensuring that both the organized labour and the government are on the same page today.
“They have seen the magnanimity of the President and today the leadership of labour said they didn’t come here for negotiation. Not at all, they came here in that deep sense of patriotism to ensure that Nigeria remains united, Nigeria becomes more prosperous and it is in that spirit, that they are in agreement with what the federal government has done today.
We want to thank labour for their patriotism. We also want to thank Mr President, the federal Government, the sub-nationals and organize private sector for going through this painstaking effort but also ensuring that at the end of the day Nigera is the winner for it all”.
On her part, Minister of state for Labour and Employment, Hon Onyejeocha said that henceforth wage review negotiation will no longer be held in five years but three.
She stated that President Tinubu also directed both Finance and Budget and Economic Planning Ministers to come up with a template for the payment of the withheld salaries of SSANU and NASU members in public universities.
Her words: “The President said he will not disappoint and he shown that this afternoon.
Recall that Labour saw Mr President last week, and they ask that he should give them one week to consult more. And of course, at the end of the day, the consultation came, and became very fruitful because the President said he has to be a father. That it is not the issue of the law of who is right, or who will blink the first, that he is our Father, like he has always said.
“That we should end the issue of give me 1,000 add 1000 and all that. That, first and foremost, that the review of this minimum wage policy has to be reduced to three years, that five years is too long a time to get any minimum wage review that’s not very healthy. “And as of course, that Labour should look at the indices of the economy and accept N70,000, minimum wage, and, of course, that it has to be reviewed every three, years. Not more than that, of course, so that we’re able to evaluate and see whether our economy is picking up, or whether something has to be done further, considering the sensitivity of the issue.
“And, of course, he promised and asked that the Minister of Finance and Coordinating Minister of Economy and Budget and Economic Planning, should make sure that they go back to the books, because he has the discretion to look into the issue ot SSANU, NASU and all that, so that their money should be paid. And they should work out the modalities, whether it’s 50%, or whatever, but that he has given that waiver to be paid, because of course, there is issue of no work, no pay. And that that issue has to be laid to a rest.
“And apart from that, I believe other things that was discussed include President reassuring Nigerians that he is not going to rest, he is working diligently to make sure that our economy recovers. That that has to be taken into consideration. But he’s not going to joke with welfare of Nigerians.
On his part, NLC president, Comrade Ajaero said the organized labour accepted the President offer of N70,000 with mixed feelings as a result of the prevailing economic circumstances.
He said, “Well, we’re here last week and we’re here now. What have been announced in terms of the amount of N70,000 happened to be where we are now. But the good thing about it is that we will not wait for another five years to come on review.
“Rather, than settling on a figure that we wait for five years, is like we’ll have to now negotiate even two times within five years, with a view to going up. That is one of the reasons you know why we decided to reach where we are today because of the proviso that ‘you can review in the next three years.
“The other one, we came with other issues in the basket, like the issue of SSANU, NASU and others, especially with the affront by the Commissioner of Police FCT, we brought it to Mr. President and talked on the need for that matter to be addressed.
“And magnanimously he asked the agencies concerned to work out the modalities for the payment of those workers in the universities.”
The NLC President said that the President promise some incentives like the CNG which will lessen the burden that the Nigerian workers are passing through, but you can see that we are taking this with mix filling because of the situation of the economy.
“But we have to move ahead despite the situation, and the negotiation can’t linger coming from N62,000 to N70,000 and then with the proviso that we are coming back soon to negotiate it.
“We’re taking it back to our constituency to see how they can get a buy in. So that’s what has transpired this afternoon.
Also speaking, the TUC President, Comrade F Osifo said, ” So yes, just as been said by the three previous speakers, the Minister of Information Minister of state labour as well as the NLC President, they’ve laid the accounts of what transpired in today’s meeting.
“The President made a pronouncement or announcement of N70,000. That by next week, they should put finishing touches to the bill and do the transmission to the National Assembly
“But why this became a catch is actually because we from the organized labour, we have been pushing that the issue of five years review is to me so much, that a lot a lot of economic indices may have changed, because we are in an era where things are moving very fast in terms of both macro, and micro economic policies.
“But with also the caveat that this is going to be done every three years. The next review will be in three years. And after that, pronouncement, we from labour just as has been said, we have received what the President has promised from both ends.
“And as he said, we made a case for both the SSANU and NASU, that the President should, as a father of the nation, look at it compassionately, and do the needful, so that we will not have a case where the universities would be closed again.
“That is actually a problem because it is your children, my brothers that attend these universities. I’m not sure that the kids of the bourgeoisie like those standing behind us, whether they attend these universities, we don’t know.
“So, at the end, he said he was going to look at it and that they should report back to him as has been reported. So we are quite excited with that because for us, anything that will keep the university shutdown, we will not allow it to happen. we will do everything possible to ensure that the issues are resolved amicably. So, we are waiting for the final outcome of that.
“Then also the issue of student loan as well, we commended the president for that. but we said that the money should get to the people that are targeted. that the student loan should get to the people that are targeted, not a situation where the children of the rich are also able to access the student loan.
“That the parameter be put in place so that the children of the poor, those that cannot actually afford school fees should be the target and they also said they will look at it as well.”
Recall that when the Tripartite Committee met, the government team and the private sector offered N48, 000 then shifted to N54, 000, N57, 000, N60, 000 and finally N62, 000.
On the other hand, the Organized Labour started with N615,000 demand, then N500,000, to N497,000 and finally N250,000.
Deji Elumoye
Follow us on:
Gbadebo Rhodes-Vivour has condemned the commercialisation of GMO seeds, warning of threats to Nigeria’s food…
Oleksandr Usyk has secured victory over Tyson Fury in Riyadh, successfully defending his heavyweight championship…
Albania plans a one-year TikTok ban from January after a schoolboy’s death sparks concerns over…
A suspect accused of killing five people by driving into a crowded Christmas market in…
A US Navy F/A-18 Hornet was mistakenly shot down over the Red Sea by the…
NNPC has reduced petrol ex-depot price to N899 per litre, sparking competition with Dangote Refinery…
View Comments
O8O__6739__9O9O
O8O__6739__9O9O
O8O__6739__9O9O
📞📞📞📞📞📞Vehicles Are Impounded Due To Smuggling And Improper registration.
Toyota Sienna=700,000
Toyota Picnic=#650,000
Toyota Camry Muscle=850,000
Toyota Spider=1.2million
• Toyota Land Cruiser-N1.5 million
• Toyota Prado N1. 8million
• Toyota Corolla –N650,000
• Toyota Camry –N450,000-N1M
• Toyota Avensis – N950,000-N1M
• Toyota Yaris – N800,000
• Toyota Venza – N2.2 million
• Toyota RAV4 SUV –N950,000
• Toyota Hilus Pickup-N950,000
• Toyota Dyna Truck – N1.3million
• Toyota Hiace Bus – N1.5 million
* Toyota Highlander-N1.2 million
*Toyota Big daddy-N850,000
Honda Civic cars – N850,000
Honda Accord – N950,000
Honda CR-V –N980,000
Honda CR-V –950,000
Honda Pilot – N900,000
*Prices of some Volswagen cars:
golf 1 = 250,000
Golf 2,-N350,000
golf 3 -400,000
golf 5 -N500,000
Jetta-N350,000
Passat-N450,000.
Lexus RX300-N950,000
Lexus RX330-N1.2 mill
Lexus RX350-N1.5 mill
Lexus GX460-N3.2 mill
Lexus GX470-N4.5 mill
Toyota Sienna = 700,000
WE DELIVER TO 36 STATES
YOU CAN CALL THE MARKETING OFFICER FOR MORE INFORMATION ( Omar ) OR YOU ADD ME UP ON WHATSAPP
+234O8O 6739 9O9O