Nigeria’s federal government and organized labour have reached an agreement on the new minimum wage.
The National Minimum Wage Committee’s tripartite meeting on a possible minimum wage rise has ended at the Secretary to the Government of the Federation’s office. The meeting began at approximately 5p.m. on Monday.
The meeting had delegations from the federal government and the organized labour in attendance.
At the end of the meeting, which lasted for about five hours, the federal government and the labour unions – Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), reached some agreements which were documented and signed by all parties.
RESOLUTIONS REACHED AT THE MEETING BETWEEN THE FEDERAL GOVERNMENT AND THE ORGANISED LABOUR HELD ON MONDAY, 3RD JUNE, 2024.
Further to the negotiation by the Tripartite Committee on National Minimum Wage (NMW) and subsequent withdrawal of Labour from negotiation, the Leadership of the National Assembly intervened on 2nd June, 2024. The Organised Labour declared nationwide strike on Monday, 3rd June, 2024 to drive home its demands.
2. The Federal Government, in the National interest, convened a meeting with Labour held in the office of the Secretary to the Government of the Federation, on Monday 3rd June, with a view to ending the strike action.
3. After exhaustive deliberation and engagement by both parties, the following resolutions were reached:
1. The President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria is committed to a National Minimum Wage that is higher than N60,000;
II. Arising from the above, the Tripartite Committee is to meet everyday for the next one week with a view to arriving at an agreeable National Minimum Wage;
III. Labour in deference to the high esteem of the President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria’s commitment in (ii) above undertakes to convene a meeting of its organs immediately to consider this commitment; and
IV. No worker would be victimized as a result of the industrial action.
Done in Abuja on the 3rd of June, 2024.
Signed
For the Federal Government of Nigeria:
1. @HMMohammedIdris
03/08/24
Minister of Information and National Orientation
2. Hon. Nkeiruka Onyejeocha
Nerf 3/6/24
Minister of State for Labour and Employment
For the Organised Labour:
1. Joe Ajaero
President, Nigeria Labour Congress (NLC)
2. Festus Osifo
President, Trade Union Congress (TUC)
