The Federal Government and Organised Labour have reached an agreement on the consequential adjustments for the N30,000 new national minimum wage.
After three days of intense negotiation, both teams finally agreed on Thursday night to shift ground from their earlier positions on certain percentages for each grade level.
According to the new template, workers on grade level 07 was agreed at 23.2 percent; grade level 08 at 20 percent; grade level 09 at 19 percent; from grade level 10 – 14 at 16 percent and from grade level 15 – 17 at 14 percent.
The Minister of State, Labour and Employment, Mr. Festus Keyamo, has taken to his Twitter handle to announce the truce reached between Federal Government and Labour representative, saying both parties have come to terms on the mode of payment. He wrote:
After some delicate negotiations (with both Ministers as conciliators) Government and Labour have finally reached an agreement on the consequential adjustments of other wages following the implementation of the enhanced minimum wage of N30,000. We are now working on the communique.”
The President of the Trade Union Congress, Quadri Olaleye and the Secretary-General, Musa-Lawal Ozigi, also confirmed the peace pact in a statement which reads:
“We commend the Head of Service of the Federation, Dr Folashade Yemi-Esan, and her team for their sincerity.
“Though, they argued that the government could not afford to meet our earlier demand of N30,000 minimum wage across board because of the economic situation in the country, we made them understand that some people could not be more Nigerian than others.
“If we are tightening our belts, government should also do so.”
KanyiDaily recalls that this agreement is coming after the Labour Unions had begun mobilization of workers for a planned nationwide strike over the delayed implementation of the new minimum wage.
The leaders of labour unions accused the government of being nonchalant about negotiations on the implementation of the new minimum wage, adding that Nigerian workers have already exercised enough patience and restraint.
You may be interested
Done Deal: Falconets Forward Joins American Club Carolina Ascent
Webby - November 16, 2024Former Falconets forward Opeyemi Ajakaye has joined USL Super League club, Carolina Ascent FC on loan.Ajakaye linked up with Carolina…
Orban’s Lyon Face Provisional Relegation To Ligue 2 Amid Financial Woes
Webby - November 15, 2024Olympique Lyon the club of Nigerian striker Gift Orban, have been handed a provisional Ligue 1 relegation by theDNCG who…
Ghana Miss Out On AFCON 2025 Qualification After Draw With Angola
Webby - November 15, 2024Black Stars of Ghana’s hopes of qualifying for next year’s AFCON was ended after they played a 1-1 draw away…