The Federal Government and the Organised Private Sector (OPS) have reached an agreement to pay N62,000 to their least paid worker.
This is an increase of N2000 on the N60,000 rejected last week by labour.
But the states said they cannot afford to pay even N60,000 while the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) disagreed with government and the OPS, saying the minimum they would accept is N250,000, which is N244,000 less than the N494,000 they had demanded.
The N62,000 was agreed on yesterday a few hours after the Nigeria Governors’ Forum (NGF) declared that the N60,000 tabled last week at a meeting with organised labour was too high and unsustainable.
The sum was rejected outright by the NLC) and TUC, with both subsequently calling a strike on Monday that paralysed the nation.
They however suspended the strike on Tuesday for one week following a pledge by the Federal Government to up its offer.
The new figure of N62,000 was confirmed by Imo State Governor Hope Uzodinma and TUC President Festus Osifo at the end of last night’s meeting.
Uzodinma said: “We are almost there because we are just about to sign and there will be a complete closure. Every other thing will follow.
“The committee has worked so hard and the committee has reached an agreement. The Tripartite Committee is made up of three parties – the government, the Organised Private Sector (OPS) and Organised Labour.
“In the wisdom of the committee, it has put together a recommendation that will be forwarded to Mr. President for further action
“The Organised Private Sector and the Federal Government have agreed on N62,000 while Organised Labour is asking for N250,000.
“At the end of the day, what is important is that we are talking. There is no hostility anymore. And the national anxiety is going to be relaxed as soon as this is made public.
“That is the beauty of the conversation and I am very happy we have been able to manage this temptation that has befallen our nation so that government can face its business and Nigerians will also go about their businesses without any further embarrassment.
President of TUC, Osifo, said: “The OPS and Federal Government have recommended N62,000 as the minimum wage but 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.
“We are going to sign a report and forward this position to Mr. President. This committee is to make recommendation to Mr. President so we will forward it to Mr. President and he will forward it to the National Assembly.
“We will keep pushing to ensure that we have a wage that stands the test of time in Nigeria.”
