CurrentReport Blog In a swift response to the recent adjustments in salary structures by the Federal Government, organized Labour in Nigeria has issued a stern ultimatum. Barely 24 hours after the government’s announcement of a 25% and 35% increase, Labour has vowed to bring all activities to a standstill if negotiations on a new minimum wage are not concluded by the end of May 2024.
In a May Day address delivered by President’s of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), Comrade Joe Ajaero and Comrade Festus Osifo respectively, a resolute stance was articulated. The leaders emphasized the necessity of a fair minimum wage, underscoring the offer of N615,000 as reasonable but awaited a counter-offer from the government’s National Minimum Wage Negotiation Committee.
Labour leaders expressed discontent over various governmental policies, including the 300% increase in electricity tariffs and alleged sabotage of domestic refineries hindering petroleum product production. They also criticized economic policies attributed to President Bola Ahmed Tinubu, alleging they exacerbate poverty among Nigerians, contradicting constitutional mandates.
Labour’s announcement places the government under pressure to expedite negotiations and address the grievances raised.
The looming threat of a nationwide strike underscores the seriousness of Labour’s demands and the urgency for resolution.