June 17, 2024

President Bola Tinubu has met with federal government team on the Tripartite Committee on New National Minimum Wage at the State House, Abuja, amidst the industrial crisis being led by the organized Labour.

The meeting, which came an hour before the resumption of negotiations between labour and government, had in attendance Minister of Finance, Wale Edun; Minister of Budget and Economic Planning, Atiku Bagudu; Minister of State for Labour and Employment, Nkeiruka Onyejeocha; and the NNPCL, Mele Kyari.

The meeting is believed to be connected to the just suspended Labour industrial strike over the new minimum wage and electricity tariff increase.

The government team is expected to brief the President on the negotiations and secure his commitment to a new offer, as labour rejected the initial N60,000 proposal.

Secretary to the Government of the Federation (SGF), Senator George Akume, met with leaders of the organised Labour, resulting in President Tinubu’s agreement to increase the minimum wage offer above N60,000.

The Tripartite Committee is set to resume daily negotiations for one week to conclude talks on the new wage.

The Labour movement suspended its nationwide strike on Monday, which had paralyzed the economy, and resumed negotiations with the government yesterday at 1pm.

The National Assembly leadership had earlier met with labour, urging both parties to find a middle ground and requesting the government to continue paying the N35,000 wage award until a new minimum wage takes effect.

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