Arising from several hours of meeting on Friday, the Federal Government has increased its offer for the new minimum wage to N62,000 from the earlier offer of N60,000
But the organised labour countered by proposing N250,000, which is a shift from its earlier N494,000, demand.
CHANNELS TV reported this on Friday night.
With this the deliberations on the new minimum wage by the tripartite committee set up by the the Federal Government, it might be the end of its assignment it started several months a.
The recommendations of the committee will be forwarded to President Bola Tinubu, who is expected to send an executive bill to the National Assembly for legislative action
Earlier in the day, the Nigeria Governors’ Forum, had kicked against the proposed N60,000 minimum wage, saying it is not sustainable.
“The NGF cautions parties in this important discussion to look beyond just signing a document for the sake of it; any agreement to be signed should be sustainable and realistic.
“All things considered, the NGF holds that the N60,000 minimum wage proposal is not sustainable and cannot fly.
“It will simply mean that many states will spend all their Federal Account Allocation Committee (FAAC) allocations on just paying salaries, with nothing left for development purposes.
“In fact, a few states will end up borrowing to pay workers every month. We do not think this will be in the collective interest of the country, including workers,’’ NGF’s Acting Director on Media and Public Affairs, Hajiya Halima Ahmed, said in a statement.
Channels TV