The Federal Government of Nigeria and organized labor unions have agreed on a new minimum wage.
The National Minimum Wage Committee’s tripartite meeting began around 5 p.m. on Monday, June 3, and concluded at the office of the Secretary to the Government of the Federation.
The meeting included representatives from both the federal government and organized labor.
After five hours of discussions, the federal government and labor unions, such as the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), reached and signed several agreements.
RESOLUTIONS FROM THE MEETING BETWEEN THE FEDERAL GOVERNMENT AND ORGANIZED LABOR HELD ON MONDAY, JUNE 3, 2024:
1. Following negotiations by the Tripartite Committee on National Minimum Wage and labor’s withdrawal from talks, the National Assembly intervened on June 2, 2024. As a result, organized labor initiated a nationwide strike on June 3, 2024, to press its demands.
2. In the national interest, the federal government met with labor representatives at the office of the Secretary to the Government of the Federation on June 3 to resolve the strike.
3. After extensive discussions, the following resolutions were reached:
I. The President of Nigeria is committed to a national minimum wage higher than N60,000.
II. The Tripartite Committee will meet daily for the next week to agree on the new minimum wage.
III. In recognition of the President’s commitment, labor will convene a meeting to consider this commitment.
IV. No worker will face repercussions due to the strike action.
Signed in Abuja on June 3, 2024.
For the Federal Government of Nigeria:
1. Mohammed Idris, Minister of Information and National Orientation
2. Hon. Nkeiruka Onyejeocha, Minister of State for Labour and Employment
For Organized Labor:
1. Joe Ajaero, President, Nigeria Labour Congress (NLC)
2. Festus Osifo, President, Trade Union Congress (TUC)