President Tinubu Commits to Minimum Wage Exceeding N60,000 Amid Tripartite Committee Negotiations

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President Bola Ahmed Tinubu has committed to implementing a minimum wage surpassing N60,000, as the Tripartite Committee reconvenes for its crucial discussions. This decision comes on the heels of an extensive eight-hour meeting between Federal Government officials and Organised Labour leaders, culminating in a significant agreement aimed at addressing the wage crisis.

The Tripartite Committee, consisting of representatives from the government, employers, and labour unions, is set to meet daily over the next week to finalize the specifics of the new minimum wage. This round-the-clock negotiation underscores the urgency and importance of reaching a consensus that reflects the economic realities and supports the welfare of Nigerian workers.

The intense deliberations were triggered by an indefinite strike called by Labour, which highlighted the pressing need for wage adjustments. As part of the agreement reached, Labour leaders are tasked with convening a meeting with their critical organs to deliberate and make a decision regarding the strike, which has already entered its second day. The agreement stipulates that the government will not penalize any union official involved in the strike’s enforcement, ensuring a fair resolution process.

Minister of Information and National Orientation, Mohammed Idris, and Minister of State for Labour and Employment, Nkeiruka Onyejeocha, signed the agreement on behalf of the Federal Government. Representing Labour were Nigeria Labour Congress (NLC) President Joe Ajaero and Trade Union Congress (TUC) President Festus Osifo.

This agreement marks a pivotal moment in Nigeria’s labour relations, reflecting President Tinubu’s administration’s commitment to addressing workers’ grievances and improving their living standards. The outcome of the Tripartite Committee’s negotiations will be closely watched, as it holds the potential to significantly impact the nation’s socio-economic landscape.

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