Minimum Wage: Give costs to govt today, Tinubu orders Finance Minister

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PRESIDENT Bola Tinubu yesterday gave marching orders to the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, to prepare the cost implications of a new minimum wage and present an affordable, sustainable and realistic figure today.

ABUJA —

Tinubu gave the order when he summoned the Federal Government’s representatives in the tripartite committee on new minimum wage to a meeting in his office yesterday. “On government’s side, the President has just summoned a meeting of all those negotiating on behalf of the Federal Government, led by the Secretary to the Government of the Federation, SGF, and the Minister of Finance was there, the Minister of Budget and Economic Planning. Myself, the Minister of State for Labour, the GMD of the NNPC were all there to look at those issues.

“The President has given a marching order to all those who negotiate on behalf of the government and all those also who are representatives of other sectors, the Organized Private Sector, OPS, the sub-nationals come together, so we can have a new wage award that is acceptable, sustainable and also realistic for Nigeria.

According to the communiqué, the NEC-in-session equally examined the circumstances behind organised labour’s withdrawal from the Tripartite National Minimum Wage negotiation process within the context of the behaviour of the federal government towards the exercise and the content of the understanding reached with labour.

“On electricity tariff hike and classification: The NEC-in-Session is deeply disappointed by the government’s silence and lack of concrete action regarding reversal of electricity tariff hike and the abolition of the apartheid classification of electricity consumers into bands. “In view of the deliberations, the NEC-in-session resolved as follows that there is a greater need to create the right ambience for negotiation to continue unhindered.

“The NEC-in-Session expresses profound gratitude to Nigerian workers and the general public for their unwavering support and solidarity in this critical struggle for improved living and working conditions. Recall that last Friday, before organised labour’s negotiating team, declared indefinite strike on Monday, June 3, it had walked out of the meeting, accusing the Federal Government team of claiming it was unable to reach the President, hence it could not make a fresh offer beyond the initial N60,000.

It expressed dissatisfaction over what it described as excessive actions taken by some members of Nigeria Labour Congress, NLC, and Trade Union Congress, TUC, during nationwide strike on Monday. Akpabio said: “I want to thank the Nigerian Labour Congress, NLC, and the Trade Union Congress, TUC, for listening to the voice of Nigerians and the international community by calling off the strike to enable negotiations continue and we wish them well in the negotiations.

“It is disheartening to witness public services shut down today as a result of the strike. Patients in need of medical care found themselves stranded, unable to access adequate medical attention. “Meanwhile, I advise citizens to remain calm and peaceful during this period. We demand that any wage increase be balanced with economic realities. Now is the time to intensify social protection programmes that will contribute to improving the well-being of Nigerians.

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