The Nigeria Labour Congress (NLC) has rejected proposals from some politicians to decentralize minimum wage negotiations, which would permit states to set their own minimum wages. The ongoing negotiations for a new minimum wage have stalled for months, with stakeholders unable to find common ground. While the federal government and the private sector have settled…
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has submitted a comprehensive assessment detailing the anticipated financial ramifications of adopting a new national minimum wage to President Bola Ahmed Tinubu. The minister submitted the document on Thursday, June 6, two days after Tinubu issued the directive to present a proposed new minimum…
The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have announced a nationwide strike starting June 3rd, 2024, due to the tripartite committee’s failure to reach consensus on a new minimum wage and electricity tariff increase. The President of the TUC Festus Osifo announced the strike at a joint news conference with the leadership…
The Organised Labour comprising the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC), has insisted on May 31 deadline for President Bola Ahmed Tinubu to approve N615k as new minimum wage. The organised labour met today, Monday, May 20, 2024, ahead of another negotiation meeting with the federal government tomorrow, Tuesday, May 21,…
The Nigeria Labour Congress (NLC) says it arrived at the N615,000 minimum wage recommendations after painstakingly computing the monthly cost of living of Nigerian workers, with food, transportation taking the lion share. The computation released by the NLC, shows that at N9,000 per day, a person is expected to spend as much as N270,000 in…
The President of Nigeria Labour Congress, Joe Ajaero, has criticised the Federal Government’s pay raise announcement, describing it as mischievous moves. Recall that on Tuesday, the federal government approved a pay rise of between 25 and 35 per cent for civil servants across various consolidated salary structures. Speaking on Wednesday during an interview on Sunrise…
Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) have forwarded a joint demand to the tripartite committee negotiating the new national minimum wage. According to the Guardian, The consensus was reached at a meeting that took place at NLC headquarters and presided over by NLC President, Joe Ajaero. The gathering, which was…
Hints indicate that President Bola Tinubu might declare an updated minimum wage on May 1, in observance of International Labour Day, with its enactment retroactively effective from April. According to a report by Saturday Punch, the National Minimum Wage Committee has been making efforts to finalize negotiations with regard to the new rate so the…
The Nigerian Trade Union Congress(TUC) has called for the Urgent Implementation of Agreements, Especially on the Minimum Wage allocation in 2023 by the Federal Government. Mr Festus Osifo, TUC President, said this in a 2024 new year message jointly signed by Mr Nuhu Toro, Secretary General of the union on Wednesday in Abuja. The message…
