The Organised Labour has put forward a new proposal of N497,000 to the Federal Government as the minimum wage.
Additionally, the Federal Government and the Organized Private Sector have jointly proposed N57,000 as the minimum wage.
A well-informed source at the recently concluded tripartite committee meeting on the minimum wage disclosed this in an interview with our correspondent.
President Bola Tinubu, represented by Vice President Kashim Shettima, inaugurated the 37-member Tripartite Committee on Minimum Wage on January 30, 2024.
The committee was tasked with proposing a new minimum wage before the current N30,000 wage expires on April 18.
The panel, comprising representatives from the federal and state governments, the private sector, and organized labour, will recommend a new national minimum wage.
During the inauguration of the panel, Shettima urged the members to expedite their deliberations and submit their reports promptly.
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“This timely submission is crucial to ensure the emergence of a new minimum wage,”
Shettima emphasized. As part of its mandate, a zonal public hearing was held simultaneously on March 7 in Lagos, Kano, Enugu, Akwa Ibom, Adamawa, and Abuja.
At the zonal hearings, the NLC and the TUC in different states proposed various figures as a living wage, citing the current economic challenges and high cost of living.
In the South-West states, NLC members demanded N794,000, while the TUC suggested N447,000.
In the North-Central zone, workers proposed N709,000 as the new national minimum wage, with their counterparts in the South-South advocating for N850,000.
The North-West stakeholders proposed N485,000, while those in the South-East demanded N540,000 as the minimum wage.
However, organised labour eventually settled for N615,000 as the agreed living wage.
