The Federal Government  of Nigeria through its Representatives engaged in the ongoing minimum wage negotiations, and  have reportedly proposed a minimum pay of N54,000 for Nigerian workers, according to a reliable source within the organized labor.

The source, speaking on condition of anonymity, disclosed that the discussions are set to continue tomorrow at 4pm, pending the endorsement or rejection of the  proposed new wage.

“After a period of uncertainty, the Federal government proposed N54,000 at today’s minimum wage negotiation meeting.

The labor group will await the governors’ decision before announcing its stance, However, since the state governors’ representatives cannot independently approve or disapprove of the Federal government’s proposal, we will wait for their decision before responding,” the source stated.

“The meeting will reconvene tomorrow at 4pm to continue negotiations, at which point we will hear the governors’ input and then reveal our position”.

“We have also engaged with the Organised Private Sector (OPS) to ensure a smooth negotiation process on their end”.

Our goal is to finalize negotiations and secure a new minimum wage for Nigerian workers by May 31st.

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“We are fully committed to safeguarding and advancing the welfare of Nigerian workers. Therefore, we will put in our best efforts to ensure a seamless negotiation process”.

However, any attempt by the government to delay proceedings will be met with significant industrial action.

“At this time, we have not disclosed a new figure, but tomorrow’s meeting will clarify the situation.”

Recall that on May Day, the NLC and TUC had proposed a salary wage of N615,000 for workers, reiterating their readiness to commence nationwide industrial action if the government fails to announce a new minimum wage by May 31st.