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FG, organised labour sign agreement over new minimum wage

by Present Nigeria
June 4, 2024
in News
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FG invites Labour for emergency meeting, Tuesday
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The Federal Government and the Organised labour, on Monday night signed an agreement over the minimum wage controversy

The agreement was signed after the federal government agreed to pay more than N60,000 as the new National Minimum wage for workers.

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The agreement was signed after a marathon meeting brokered by the Secretary to the Government of the Federation, Senator George Akume

It was agreed at the end of the meeting that President Bola Tinubu is committed to establishing a National Minimum Wage higher than N60,000 and that the Tripartite Committee would convene daily for the next week to finalise an agreeable National Minimum Wage.

The Organised Labour had down tools on Monday, shutting down the nation after the Federal Government refused to hike the new minimum wage above N60,000.

It was also agreed that in recognition of the President’s commitment, the organised labour would immediately hold meetings of its organs to consider this new offer.

The meeting also agreed that no worker would face victimisation as a consequence of participating in the industrial action.

Read the full resolution below:

RESOLUTIONS REACHED AT THE MEETING BETWEEN THE FEDERAL GOVERNMENT AND THE ORGANISED LABOUR HELD ON MONDAY 3RD JUNE, 2024

Further to the negotiation by the Tripartite Committee on National Minimum Wage (NMW) and subsequent withdrawal of Labour from negotiation, the Leadership of the National Assembly intervened on 2nd June, 2024. The Organised Labour declared nationwide strike on Monday, 3rd June, 2024 to drive home its demands.

2. The Federal Government, in the National interest, convened a meeting with Labour held in the office of the Secretary to the Government of the Federation, on Monday 3rd June, with a view to ending the strike action.

3. After exhaustive deliberation and engagement by both parties, the following resolutions were reached:

1. The President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria is committed to a National Minimum Wage that is higher than N60,000;

II. Arising from the above, the Tripartite Committee is to meet everyday for the next one week with a view to arriving at an agreeable National Minimum Wage;

III. Labour in deference to the high esteem of the President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria’s commitment in (ii) above undertakes to convene a meeting of its organs immediately to consider this commitment; and

IV. No worker would be victimized as a result of the industrial action.

Done in Abuja on the 3rd of June, 2024.

Signed

For the Federal Government of Nigeria:

1. Mohammed Idris

03/08/24

Minister of Information and National Orientation
2. Hon. Nkeiruka Onyejeocha

Nerf 3/6/24

Minister of State for Labour and Employment

For the Organised Labour:

1. Joe Ajaero
President, Nigeria Labour Congress (NLC)

2. Festus Osifo
President, Trade Union Congress (TUC)

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
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