FG proposes N62k as minimum wage for workers, labour demands N250k

The federal government has increased its offer for the new minimum wage for workers from N60,000 to N62,000.

Channels Television reports that the figure was arrived at on Friday during a meeting between federal government representatives and labour leaders called to deliberate on the new minimum wage.

TheCable understands that organised labour, on the other hand, has proposed a N250,000 minimum wage.

Earlier, after a meeting, Hope Uzodimma, governor of Imo state, said the tripartite committee on the minimum wage is close to reaching a consensus.

The governor said he was confident that a concrete agreement would be reached “in a few minutes”.

On Monday, the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) embarked on an indefinite strike over the federal government’s failure to meet their demand for a new minimum wage.

On Tuesday, organised labour relaxed the industrial action for one week to allow negotiations with the federal government on a new minimum wage.

The negotiations resumed on Thursday.

Labour had proposed N615,500 and N494,000 as the new national minimum wage, which the government said was unrealistic.

Meanwhile, governors under the aegis of the Nigerian Governors Forum (NGF) have said the N60,000 minimum wage for workers is not sustainable.