Organised labour has expressed dissatisfaction with the Federal Executive Council (FCT) ‘s decision to step down the memorandum concerning the Tripartite Committee on New National Minimum Wage report.

Benson Upah, the Nigeria Labour Congress (NLC) head of public relations, said that the failure of the FEC to address the memo during its meeting on Tuesday, June 25, and stepped down the report of the tripartite committee on new national minimum wage would “creates room for injurious speculations.”

According to The Punch, Mohammed Idris, the minister of information and national orientation, informed journalists on Tuesday that the FEC decided to step down the memo to allow for more consultation between President Bola Tinubu, the governors, local government authorities, and the private sector.

dris maintained that the council’s action was influenced by the fact that the federal government is not the only stakeholder in the national minimum wage….[CLICK HERE TO CONTINUE READING▶▶]

Aside from the federal government, other stakeholders are the organised private sector (OPS) and labour. The team had several meetings on what the new minimum wage should be. However, the NLC and the Trade Union Congress have insisted on N250,000

Meanwhile, the states and OPS aligned with the federal government on a counter-offer of N62,000. On the other hand, the state governors argued that any minimum wage above N60,000 is not sustainable.