Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Government

Labour Union Weakens Stance on Minimum Wage Amid Government Pushback

Eriki Joan UgunushebyEriki Joan Ugunushe
June 14, 2024
in Government
0
Labour Union Weakens Stance on Minimum Wage Amid Government Pushback
Share on FacebookShare on TwitterShare on Whatsapp

It seems the organized labour unions are keeping their options open. Contrary to popular belief, they aren’t fixated on any specific figure.

Last week, the tripartite committee on minimum wage wrapped up its deliberations, presenting two potential figures to President Bola Tinubu for consideration. The government and the organized private sector have proposed ₦62,000, while organized labour is pushing for a whopping ₦250,000.

Table of Contents

Toggle
  • What They Are Saying
  • Why It Matters
  • Bottom Line

What They Are Saying

Festus Osifo, President of the Trade Union Congress (TUC), appeared on Channels Television’s “The Morning Brief” to discuss the matter. He emphasized that no figure is set in stone and adjustments can always be made.

“What we said is that for us when we give figures, there is always a room to meander, there is always a room for us to do some adjustment here and there,” Osifo explained.

He noted that one of the reasons for previous industrial actions was the government’s inflexibility. When negotiations reached ₦60,000, the government insisted that not even a kobo could be added.

Why It Matters

President Tinubu is expected to send an executive bill to the National Assembly for legislative action soon. However, Osifo assured that organized labour will continue to advocate for their proposed figure, engaging with lawmakers if the president’s proposal doesn’t meet their expectations.

Osifo is adamant that labour’s work won’t end until the Minimum Wage Act 2024 is enacted. Predicting labour’s reaction if the final wage isn’t satisfactory remains premature, he added.

Meanwhile, President Tinubu has made it clear that any new minimum wage must be within the government’s financial means. During a dinner celebrating Nigeria’s 25 years of continuous democracy, he remarked, “The minimum wage is going to be what Nigerians can afford, what you can afford and what I can afford. Cut your coat according to your size, if you have size at all.”

Adding to the debate, Anambra State Governor Chukwuma Soludo expressed concern over the sustainability of the proposed wages. Speaking at The Platform Nigeria event, Soludo warned that many state governments and private sectors might struggle to meet the ₦62,000 proposed by the Federal Government, let alone the ₦250,000 demanded by organized labour.

“I pity the President because it will all be on his head if the consequences come down, whatever it is, if whatever is negotiated is unsustainable or payable or whatever. Months to come, who will bear the responsibility? Not me,” Soludo remarked, highlighting the potential fallout from an unsustainable wage agreement.

Bottom Line

The tripartite committee’s discussions have dragged on for months, culminating in the two proposals submitted last week. Labour reduced its initial demand from ₦494,000 to ₦250,000, while the government slightly increased its offer from ₦60,000 to ₦62,000. Now, all eyes are on President Tinubu as he prepares to make a decision and draft an executive bill for the National Assembly to consider. The future of Nigeria’s minimum wage hangs in the balance, with significant implications for workers and the economy alike.

Tags: federal charactergovernmentLabour UnionLabour Union Weakens Stance on Minimum Wage Amid Government PushbackMinimum wageNewsNigeria
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

Related Posts

Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors
Government

Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors

October 22, 2025
Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell
Government

Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell

October 22, 2025
Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work
Government

Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work

October 22, 2025
Next Post
Niger’s Ousted President Faces Trial as Military Junta Tightens Grip

Niger’s Ousted President Faces Trial as Military Junta Tightens Grip

Transfer Buzz: Arsenal Pursue Osimhen, Chelsea Eye Duran, and Man City Target Olmo

Transfer Buzz: Arsenal Pursue Osimhen, Chelsea Eye Duran, and Man City Target Olmo

Super Falcons Retain Top Spot in Africa in Latest FIFA Women’s World Rankings

Super Falcons Retain Top Spot in Africa in Latest FIFA Women's World Rankings

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

India on High Alert as Suspected Mpox Case Emerges Amid Global Outbreak

India on High Alert as Suspected Mpox Case Emerges Amid Global Outbreak

1 year ago
US-China AI Rivalry: Xi Jinping Calls for Independent AI Development for China

US-China AI Rivalry: Xi Jinping Calls for Independent AI Development for China

6 months ago
According to Interpol, the UK denied a request to extradite Dieziani.

According to Interpol, the UK denied a request to extradite Dieziani.

3 years ago
Trump’s War on Immigrants Funded by Bribe Money?

The Nobel Peace Pricer

4 months ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell

Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work

Baltimore’s Mayor’s Wife Faces Investigation

Should Mayor Brandon Scott Resign?

Sowore Condemns Police “Brutality,” Gives Update on Kanu’s Lawyer and Brother After Prison Visit

Offensive Texts Sink Trump’s Court Nominee, Forcing Sudden Withdrawal

Trending

Osimhen Scores Twice as Galatasaray Win 3-1 Away Against Bodo/Glimt in Champions League
Sports

Osimhen Scores Twice as Galatasaray Win 3-1 Away Against Bodo/Glimt in Champions League

byHashim Kolawole
October 22, 2025
0

Victor Osimhen’s amazing two-goal performance led Galatasaray to an outstanding 3-1 victory over Bodo/Glimt in the UEFA...

The Internet Declared Kendall Jenner's 'King Kylie' Outfit a 'Fail.' Here's Why They're Right

The Internet Declared Kendall Jenner’s ‘King Kylie’ Outfit a ‘Fail.’ Here’s Why They’re Right

October 22, 2025
Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors

Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors

October 22, 2025
Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell

Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell

October 22, 2025
Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work

Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work

October 22, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Osimhen Scores Twice as Galatasaray Win 3-1 Away Against Bodo/Glimt in Champions League
  • The Internet Declared Kendall Jenner’s ‘King Kylie’ Outfit a ‘Fail.’ Here’s Why They’re Right
  • Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com