Labour says no going back on N250k minimum wage after meeting with Tinubu

Leadership of organized labour after a meeting with president Bola Ahmed Tinubu.
Leadership of organized labour after a meeting with president Bola Ahmed Tinubu.
Labour says no going back on N250k minimum wage after meeting with Tinubu

Comrade Joe Ajaero, President of the Nigerian Labour Congress (NLC), has said the status quo on N250,000 as minimum wage stands.

While the Federal Government and Organised Private Sector agreed on N62,000, labour is insisting on N250,000.

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President Bola Tinubu had said he needed time to consult with other stakeholders before sending the bill for the new minimum wage to National Assembly.

Speaking with State House Correspondents after he and other labour leaders met with President Tinubu, on Thursday, Ajaero said labour leaders went for discussion, not negotiation.

He said the meeting would continue next week.

After discussing for over an hour, labour leaders came out of the meeting with the President and told State House Correspondents that they would go back to the people and return to the presidential villa.

Trade Union Congress (TUC) President, Festus Osifo, said they discussed, and after explaining their position, the President also made his remarks.

He did not disclose details of the discussions of the meeting.

The failure of the two sides to reach a consensus on the contentious issue has thrown Nigeria into considerable tension culminating in a two day national strike by the organized labour.

In the wake of the removal of petrol subsidy and floating of the naira by President Tinubu, prices of goods and services have gone through the roof with a spiralling inflation which rendered many families economically prostrate.

Many Nigerians have gone to the streets to protest the precarious economic situation which threw many families into hunger and multidimensional deprivations calling on the federal government to take a detour but President Tinubu has consistently maintained that the two policies have come to stay.

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