The Federal Government will today present figures to Organised Labour to back its minimum wage offer.
President Bola Ahmed Tinubu yesterday directed the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, to calculate the cost implications.
The President gave the directive when he met with members of the Federal Government’s negotiation team.
The two labour centres – Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) – announced a suspension of the strike for a week after the President intervened.
Minister of Information and National Orientation, Mohammed Idris, said President Tinubu asked Edun to provide the figures, which will guide the government’s negotiation with Labour.
At the meeting were Secretary to the Government of the Federation (SGF) George Akume; Minister of Budget and Economic Planning Atiku Bagudu; Minister of State for Labour and Employment Nkeiruka Onyejeocha; and Group Managing Director of the NNPCL, Mele Kyari.
Idris said: “It’s been quite challenging, but we thank God that we’re at this point.
“We thank Labour that true to their words, they have suspended the strike.
“The President summoned a meeting of all those who negotiated on behalf of the Federal Government, led by the SGF.
“The President directed the Minister of Finance to do the numbers and get back to him between today (yesterday) and tomorrow (today) so that we can have some figures ready for negotiation with Labour.”
