Tinubu meets NLC, TUC Leaders Thursday on New Minimum Wage

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President Bola Tinubu is scheduled to meet with organized labor, including the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) of Nigeria, on Thursday, July 11. This meeting is part of consultations preceding the submission of a bill on a new national minimum wage to the National Assembly.

Confirmation of the meeting was provided by Comrade Festus Osifo, President of TUC, in a brief message to reporters on Wednesday.

“The president has invited organized labor (NLC, TUC) for a consultation tomorrow (Thursday 11th July),” he stated.

On Tuesday, the Labour leader told reporters at the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Women Commission’s maiden Annual Convention in Abuja that organised labour was hopeful of a better deal

He said Labour expects that “what will be submitted to the National Assembly will be a minimum wage that will cater for the poorest of the poor.”

Progress on a new national minimum wage appeared to have stalled after President Tinubu said he needed to consult with stakeholders before sending the bill for enactment.

In his June 12 broadcast, the President said an executive bill would be sent to the National Assembly to formalise the new minimum wage agreement.

Read Also: Emefiele, wife, not signatories to companies accounts – Witness

It followed the conclusion of negotiations by the Tripartite Committee and the submission of the report on June 10.

While the government and the Organised Private Sector agreed on N62,000, labour demanded N250,000.

Osifo said some level of “internal work” was ongoing before the bill would be submitted in “earnest.”

He said: “The minimum wage negotiations cannot be dead.

“The 2019 minimum wage (that has expired) took about two years to see the light of day. We started the negotiations in 2017.

“We promised you when we started in January that we would ensure this one is fast-tracked to avoid the conundrum that we were in 2019, which took two years.”

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