The Federal Government and Organised Labour on Wednesday adjourned the minimum wage talks till Thursday (today) when the negotiation is expected to continue.
The Tripartite Committee on National Minimum Wage postponed the session in anticipation of the Minister of Finance, Wale Edun, submitting the salary template to President Bola Tinubu today.
Tinubu had on Tuesday directed the finance minister to present the cost implications for a new minimum wage within two days.
The President gave the order at a meeting with the government negotiation team led by the Secretary to the Government of the Federation, George Akume, in Abuja.
A top labour official who is a labour representative on the tripartite committee explained that the template was crucial to the minimum wage negotiation.
The Minister of Information and National Orientation, Mohammed Idris, had hinted that the President wished to know the financial implications of the new minimum wage in 48 hours.
Idris assured of the president’s readiness to accept the committee’s resolutions, adding that “The president is determined to go with what the committee has said and he’s also looking at the welfare of Nigerians.
“Government is not against or opponent of labour discussions; the government is not an opponent of wage increase, but what is there is that government is always there to ensure a balance between what government pronouncement is and what the realities are on the ground.
“And therefore, we will work assiduously to ensure that whatever promises the government makes are promises that will be kept. That is the idea of this meeting.”
Minimum wage: Finance Minister To Submit Template Today
