Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Ibom FocusIbom Focus
    Subscribe
    • Homepage
    • About Us
    • Big Story
      • Crime
      • General News
      • Foreign News
      • Education
      • Politics
    • Disclaimer
    • Corrections Policy
    • Editorial Policy
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • Homepage
    • About Us
    • Big Story
      • Crime
      • General News
      • Foreign News
      • Education
      • Politics
    • Disclaimer
    • Corrections Policy
    • Editorial Policy
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    Ibom FocusIbom Focus
    • Homepage
    • About Us
    • Big Story
    • Disclaimer
    • Corrections Policy
    • Editorial Policy
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    Home»Big Story»JUST IN: FG, Increase Minimum Wage Offer Again –
    Big Story

    JUST IN: FG, Increase Minimum Wage Offer Again –

    Ibom FocusBy Ibom FocusMay 23, 2024No Comments5 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Fuel Subsidy
    Tinubu and NLC
    Share
    Facebook Twitter LinkedIn Pinterest Email
    SHARE THIS:
    JUST IN: FG, Increase Minimum Wage Offer Again

    The new minimum wage negotiation between the organised labour, organised private sector and Federal government took an interesting turn late midnight as the duo of FG and OPS made a new offer of N57,000 as the new minimum wage, while the organised labour reduced its initial figure from N500,000 to N497,000.

    A source at the meeting confirmed the development to Nigerian Tribune.

    Recall that the high-level meeting was stalled on Tuesday, following the absence of some governors who were billed to attend but failed to turn up.

    The Federal Government team had earlier insisted on the N54,000 it offered to workers on Tuesday, hinging its offer on paucity of funds and the probability of the private sector to pay.

    Speaking under condition of anonymity, the source said, “Government has agreed that NLC is using evidence-based presentation. But they argue that eight states are not paying or not fully implementing the 2019 minimum wage.”

    The source further said, “Government is talking of non-availability of fund. They are also talking about the inability of the private sector to pay.”

    On Labour shifting of ground by the organised labour, the source said, “Labour has been requested to shift in response to the Government. They complied and came down to N500,000.”

    He disclosed that the Imo State Governor, Hope Uzodimma was present at the meeting.

    “The Imo State Governor has stepped in. He is not a member of the committee but it is good that there is at least a governor, as the six governors in the committee have been regularly absent.”

    Recall that at the meeting on Tuesday, our source had revealed that the offer made by government sticking on N54,000 was tantamount to wage reduction, especially as the least paid worker received N70,000.

    He had noted that with the stance of government it has not really started any meaningful deliberation and time was fast running out.

    Recall also that the meeting which ended in an inconclusive note, was stalled by the absence of some state governors who ought to be there to key into any resolutions that would emerge from the meeting.

    According to our source who attended the meeting, “It took the some time to state what they want to pay and they were passing the bulk on who will present it and then the Minister of Labour now said they have shifted the ground to N54,000.

    “We still told them that, that ground they shifted, they have not started the negotiation. As it is now the take home of the lowest paid worker is over N70,000. So, by their own standard we have not started negotiating minimum wage, what we are negotiating now is wage reduction because what they are now telling us is that if we walk out from there, if we agree on N57,000 that means we will come out and tell people who are already earning N77,000 that their wage has been reduced. We told them that it is not possible for workers to start earning less than what he/she was earning.

    “Is it that there is reduction on inflation or that the cost of living has improved, or is it that the cost of food has come down, why will they now be negotiating wage reduction, it’s unthinkable, we cannot involved in this kind of a thing that labour will sit down and be negotiating wage reduction and on what will it be based? Will it be based on the fact that the money they are collecting now since petroleum subsidy was removed has been reduced?

    “Or why will they now be talking about wage reduction when even the inflation is going higher and the cost of living is going higher. So, we told them that that is not acceptable, but then we had to adjourn because we cannot continue to negotiate without the presence of governors.

    “It will not augur well for the Tripartite Committee. They said they didn’t know why the governors were not there, six of them that are supposed to be on that committee. We told them that this is a serious matter because when they refuse to come even if at the end we agree on anything they will say it’s not bidding on them because they were not there. There was a permanent secretary representing one governor and the person may have no input, so nobody will take decision on their behalf when they are not there. So, we had to adjourn to tomorrow by 4pm.

    “So we said let’s adjourn and invite the governors formally. When they offered N57, 000, we told them they have not started, we didn’t see that as any shifting of ground which they promised, shifting ground must start from the point of negotiations for minimum wage, anything below N75,000 is wage reduction, anything below take home of the lowest paid worker is wage reduction. We cannot start negotiating wage reduction.

    “Already the clock is ticking, we gave them May 31 deadline to conclude negotiations, today is May 21, we have 10 days to go and it will not augur well for this country if negotiations are not concluded on time. This one is no more the case of we didn’t do an agreement, it’s the case of the government not negotiating the minimum wage. I don’t think we need any other notice (for strike). They also said that as far as they are concerned, they are working towards that so that we will conclude before we go to Geneva for the ILO.”

    SHARE THIS:
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ibom Focus
    • Website

    Related Posts

    Tinubu Extends Tenures of Immigration, Correctional Service Chiefs 

    October 19, 2026

    BREAKING: Former Delta State Governor Is Dead

    October 19, 2026

    BREAKING: Terrorists Attack Traders Travelling Under Nigerian Army Escort, Dozens Feared Dead

    October 12, 2026
    Tag Cloud
    2024 Budget AFCON 2023 APC Army Assassination CBN Christian Genocide Climate Change Coup Plot Crude Oil Davido Donald Trump Economic Hardship EFCC Election Results Flat Earth Fuel Subsidy Future of News Golden Globes Gyado T Emmanuel Lawmaker Market Stories Minimum Wage Ministerial Appointment Ministerial List Mohbad Money Laundering MotoGP 2017 Mr. Robot NAF Nationwide Strike Obasanjo PDP PDP Chairman Power Supply Pregnant Woman Presidential Election Presidential Yacht Rivers Crisis Senate Sillicon Valley Terrorists Tinubu United Stated US




    Recent Posts
    • Akwa Ibom Recruited 4,000 Workers to Fill Vacancies, Not Inflate Workforce – Eno November 4, 2026
    • Woman Arrested in Imo for Allegedly Attempting to Sell Baby for ₦1.5m, Blames Poverty November 3, 2026
    • EFCC Arraigns Man Over Alleged N238.35m Fraud In Lagos November 3, 2026
    • Illegal Miners, Financiers Face Tougher EFCC Crackdown as Olukoyede Receives MINILS Fellowship Award November 3, 2026
    • EFCC Discovers Chinese-Operated Illegal Oil Refinery in Ogun, Seizes Facility November 3, 2026
    Search
    Ibom Focus
    Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
    © 2026 Ibom Focus. Designed by Domo Tech Media.

    Type above and press Enter to search. Press Esc to cancel.