In a significant development, the leaders of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have agreed to resume negotiations with President Bola Tinubu on the long-standing issue of the minimum wage.
The decision follows a productive meeting at the Presidential Villa, where both parties engaged in a fruitful discussion on the state of the nation’s economy and the pressing need for a wage increase.
According to NLC President Joe Ajaero, “We did not discuss specific amounts like N250,000 or N62,000 for the minimum wage during this meeting. Instead, we focused on broader issues affecting Nigerians, such as economic difficulties and the devaluation of the naira, which have increased the cost of goods and commodities.”
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TUC President Festus Osifo added, “We presented these concerns directly to President Tinubu and discussed various economic aspects. We plan to internalise the discussions and continue the conversation in a week.”
Minister of State for Labour and Employment, Nkeiruka Onyejeocha, described the meeting as “positive and hopeful for a resolution soon.”
With both parties committed to finding a mutually beneficial solution, the stage is set for a new chapter in the quest for a living wage that reflects the realities of Nigeria’s economic landscape.
The upcoming meeting in seven days will be a crucial milestone in this journey.
