The ongoing standoff between Organised Labour and the Federal Government continues as labour unions remain steadfast in their demand for a ₦250,000 minimum wage, while the government sticks to its ₦62,000 offer.
In a bid to break the deadlock, Minister of Information and National Orientation Mohammed Idris urged the unions to consider the government's proposal during the opening of the 2024 Synod of the Charismatic Bishops Conference of Nigeria in Abuja.
Idris emphasized that the ₦62,000 minimum wage proposal is the only sustainable option that would not lead to job losses or economic instability.
“The Federal Government is not against increasing wages for Nigerian workers,” Idris stated. “However, we advocate for a realistic and sustainable wage system that will not undermine the economy, lead to mass retrenchment, or jeopardize the welfare of about 200 million Nigerians.”
The minister reiterated the government's commitment to reviewing the minimum wage but warned that accepting unrealistic demands could have severe repercussions on the nation’s economy. He also highlighted the government's broader efforts to provide relief to Nigerians through measures aimed at reducing the cost of living.
“We want labour unions to understand that the relief Nigerians deserve will not come solely from wage increases. It will also result from efforts to reduce the cost of living and ensure that more money stays in the pockets of Nigerians,” Idris added.
As negotiations continue, the gap between the demands of Organised Labour and the Federal Government's offer remains wide, with both sides holding firm on their positions.
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