FG Agreed To N155,000 Minimum Wage With Labour Unions In Nigeria? Here’s What We Know Now

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An online claim by an individual identified as A. Ayofe, suggesting that the Federal Government of Nigeria has settled on N155,000 as the new national minimum wage, has been debunked upon thorough fact-checking.

 

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Despite the purported agreement with the Nigeria Labour Union (NLC) and the Trade Union Congress (TUC), no official confirmation has been provided by the involved parties or the 37-man Tripartite Committee responsible for such negotiations.

 

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Ayofe’s post, which circulated on social media platforms, conveyed gratitude from the NLC and TUC leaders towards negotiation members during a press conference, supposedly announcing the agreement on the new minimum wage.

 

FG Agreed To N155,000 Minimum Wage With Labour Unions In Nigeria? Here’s What We Know Now

 

However, investigations by Dubawa and Legit.ng have revealed the fallacy behind Ayofe’s claim. No consensus has been reached among the Tripartite Committee regarding the proposed increase in the minimum wage. Furthermore, there has been no official statement released by any of the negotiating parties or credible news outlets confirming such an agreement.

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A recent report by The Punch hinted at a possible announcement regarding the new minimum wage by President Bola Tinubu on May 1. Nevertheless, the head of information at NLC, Mr. Benson Upah, denied knowledge of any agreement, echoing the sentiment expressed by the deputy president of TUC, Dr. Tommy Okon, who labeled the claim as “mischievous” and asserted that negotiations with the government have not commenced.

 

The current minimum wage in Nigeria stands at N30,000, but mounting inflation has propelled Labour Unions to advocate for an increase to alleviate the financial strain on workers. To address this concern, President Bola Tinubu established a Tripartite Committee on the National Minimum Wage in January 2024, chaired by Vice-President Kashim Shettima. This committee is tasked with conducting nationwide public hearings and engaging stakeholders from diverse sectors to formulate a new minimum wage aligned with prevailing economic conditions.

 

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Expected to conclude its proceedings by the end of March, the committee will then present its recommendations to the federal government. Subsequently, a bill will be forwarded to the National Assembly for approval of the proposed minimum wage adjustment.

 

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In a related development, former federal lawmaker Shehu Sani questioned the feasibility of implementing a proposed N794,000 minimum wage in Nigeria. Despite the current N30,000 minimum wage, many states are grappling with salary payments, prompting skepticism regarding the viability of the NLC’s proposed wage increase.

 

As discussions on the minimum wage continue, clarity and transparency remain essential to ensure fair outcomes for all stakeholders involved.

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