President Bola Ahmed Tinubu committed to establishing a minimum wage higher than N60,000. This decision was part of an agreement reached after an eight-hour meeting between Federal Government officials and Organised Labour leaders.
The Tripartite Committee, which includes representatives from the government, labour unions, and employers, will meet daily over the next week to finalize the new minimum wage.
The agreement was made following an indefinite strike called by Labour over wage issues. As part of the pact, Labour leaders agreed to hold immediate meetings with their critical organs to discuss ending the one-day-old strike.
The agreement explicitly states, “The President of Nigeria, Commander-in-Chief of the Armed Forces, is committed to establishing a National Minimum Wage higher than N60,000; and the Tripartite Committee will convene daily for the next week to finalise an agreeable National Minimum Wage.”
Additionally, it assures that no worker will face punishment for participating in the strike. “No worker would face victimisation as a consequence of participating in the industrial action,” the agreement notes.
Minister of Information and National Orientation Mohammed Idris and Minister of State for Labour and Employment Nkeiruka Onyejeocha signed on behalf of the Federal Government. Representing the labour unions were Nigeria Labour Congress President Joe Ajaero and Trade Union Congress President Festus Osifo.
