In a significant development, President Bola Tinubu is scheduled to hold a crucial meeting with the leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) on Thursday at the Aso Villa in Abuja. The primary agenda of this high-stakes meeting will be the deliberation on a new minimum wage for Nigerian workers.

A reliable source from the labour sector disclosed this information on Wednesday, highlighting the importance of this meeting in addressing the pressing issue of minimum wage.

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The discussions will revolve around two key proposals: the NGN 62,000 proposition put forth by the government and private sector, and the NGN 250,000 demand from Organised Labour.

This meeting comes in the wake of President Tinubu’s commitment, expressed in his Democracy Day speech, to present an executive bill on the new national minimum wage to the National Assembly for legislative approval.

To ensure comprehensive engagement with stakeholders, the Federal Executive Council (FEC) had previously deferred the consideration of the memo on the new minimum wage.

Subsequently, President Tinubu and Vice President Kashim Shettima engaged in productive discussions with state governors and ministers, laying the groundwork for a meaningful dialogue on this critical matter.

This upcoming meeting represents a crucial juncture in the pursuit of a fair and just minimum wage for Nigerian workers.

The President’s proactive engagement with Organised Labour demonstrates a commitment to addressing their concerns and finding a viable solution that balances the interests of all stakeholders.

As the discussions unfold, it is anticipated that both sides will engage in a constructive dialogue, exploring avenues for compromise and consensus. The outcome of these negotiations will shape the future of labor conditions in Nigeria and hold significant implications for the welfare and empowerment of workers across the nation.