BREAKING: FG And Organised Labour Sign Fresh Agreement Over New Minimum Wage [VIDEO]

BREAKING: FG And Organised Labour Sign Fresh Agreement Over New Minimum Wage [VIDEO]—-The tripartite meeting of the National Minimum Wage Committee, which started at about 5pm on Monday, concerning a potential increase in the minimum wage, has concluded at the office of the Secretary to the Government of the Federation.

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.

Details of the agreement below:

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. Mohammed Idris

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)

Watch the signing of agreement below: