Highlight

FG committed to reasonable, sustainable minimum wage implementable by private, public sectors – Idris

385

President Bola Ahmed Tinubu is firmly committed to doing what is right, reasonable and sustainable regarding the minimum wage negotiations and has, therefore, called on the labour unions to reciprocate the gesture in the interest of the nation.

In a strongly-worded statement, the Minister of Information and National Orientation, Mr. Mohammed Idris, urged the unions to continue along the path of negotiations with the government fashion out a new, realistic minimum wage for the Nigerian people.

The statement personally signed by the minister is titled, “APPEAL TO ORGANISED LABOUR, BY THE FEDERAL GOVERNMENT OF NIGERIA” and emailed to Persecondnews on Monday.

He pointed out that the government is not opponents to workers on the negotiating table but wanted the best for over 200 million Nigerians.

“This is a heartfelt and deeply considered appeal to the Labour Unions to continue along the path of negotiations with the Federal and State Governments, under the auspices of the Tripartite Committee that has been established to fashion out a new, realistic minimum wage for the Nigerian people.

“As Government, we are desirous of a peaceful outcome, and we will do everything to make this happen. Yesterday, the leadership of the National Assembly met with the Unions. Today, we have offered another invitation to the Unions, to meet with us and continue our discussions.

“We will continue to engage, and continue to make ourselves very available in the context of these negotiations on behalf of the Nigerian people

“Let me make it clear that we are not opponents on this negotiating table. We are united by the fact that we want the best for the Federal Republic of Nigeria and for all 200 million citizens of the country.

“We have a responsibility to strike a measured and realistic balance, in this effort to arrive at a new minimum wage for Nigerians.

“Let us remind ourselves of the fundamental facts: The minimum wage is not only for public sector workers. It will be binding on the private sector as well. This reality must be factored into the negotiations.

“As I have explained earlier, Labour’s current proposal of N494,000 is an increase of 1,547 percent on the existing wage, and translates into an annual wage bill of 9.5 Trillion Naira for the Federal Government of Nigeria alone.

“This is apart from its cost implications for sub national governments and private sector employees. Such a wage bill would cripple the Nigerian economy, by leading to massive job losses especially in the private sector.

“The National Consumer Credit Scheme and the Nigerian Education Loan Fund (NELFUND) are additional significant demonstrations of a determination to bring relief to the people of Nigeria.”

Idris said the government wanter the labour unions to understand that the relief that Nigerians are expecting, and that they fully deserve, will not come only in the form of increased wages.

“It will also come as efforts to reduce the cost of living, and to ensure that more money stays in the pockets of Nigerians.

“President Bola Ahmed Tinubu (GCFR) is firmly committed to doing what is right, reasonable and sustainable regarding these minimum wage negotiations. We call on the Labour Unions to reciprocate this gesture in the interest of the nation.”

 

Leave a comment

Related Articles

HEDA Resource Centre, UNODC, to host 36th anti-corruption conference on state of Nigeria’s anti-corruption fight

The Human and Environmental Development Agenda (HEDA Resource Centre), in partnership with...

Uncompromising enforcement of environmental laws is in public interest – Lagos Commissioner

Tokunbo Wahab, Lagos State Commissioner for the Environment and Water Resources, says...

Gov. Abiodun congratulates Pres. Tinubu on re-election as ECOWAS Chairman

Ogun Gov. Dapo Abiodun has congratulated President Bola Ahmed Tinubu on his...

Coordinated subnationals’ climate action, key to Nigeria’s sustainable development – SPP

The Society for Planet and Prosperity (SPP), a civil society Organization led...

Kyari Bags Distinguished Award for Gas Revolution at NEAPS

Mr. Mele Kyari, Group Chief Executive Officer of NNPC Ltd., has received...

TCN says national grid fully restored after partial collapse

The national grid, which collapsed on Saturday afternoon, has fully recovered, according...

Breaking: 78-year-old ex-NLC President kidnapped

Mr. Takai Shamang, a one-time President of the Nigeria Labour Congress (NLC),...

Breaking: Pres. Tinubu steps down as ECOWAS Chairman

President Bola Tinubu’s tenure as Chairman of the ECOWAS Authority of Heads...

Just in: Court orders Buhari’s minister to account for N729bln allegedly disbursed to 24.3m Nigerians

Ms. Sadia Umar-Farouk, one of ex-President Muhammadu Buhari’s powerful ministers, who held...

Nigeria seeks $172bn investment boost in key sectors

Nigeria Backbone Infrastructure Limited, a multinational company, has announced plans to invest...

Just in: National grid collapses again as nation is plunged into darkness

The national grid experienced a system collapse on Saturday, plunging the country...

New UK Prime Minister announces cabinet

The newly-elected UK Prime Minister, Keir Starmer, has announced his first set...

Rivers 25 lawmakers: I’m unfazed by Appeal Court ruling, says Fubara

Rivers State Gov. Siminalayi Fubara says he is unperturbed by the July...

NNPC/SPDC JV is committed to impacting lives through sustainable development projects

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and Shell Petroleum Development...

Road construction: FG now opts for concrete, ditches asphalt—Works Minister

The Federal Government has announced that it intends to switch from asphalt...

NCAA grounds 10 private jets, withdraws licences

The Nigerian Civil Aviation Authority (NCAA) has temporarily revoked the permits of...

FHC judgment on Rivers lawmakers: Pro-Fubara lawmakers head to Supreme Court

The Speaker of the Rivers State House of Assembly and a loyalist...

Pres. Tinubu congratulates UK Labour Leader Sir Keith Starmer on victory at the polls

President Bola Tinubu has extended his warm congratulations to Sir Keir Starmer,...

Updated: Tinubu inaugurates Presidential Economic Coordination Council, announces 2m bpd benchmark in few months

President Bola Tinubu on Thursday inaugurated the Presidential Economic Coordination Council (PECC)...

Samoa agreement will not harm Nigerian interests, FG assures

Minister of Information Mohammed Idris has given assurances that President Bola Tinubu...