Economy
Again, Labour, Tripartite Committee Clash Over Minimum Wage
Tensions have risen between Labour and the Tripartite Committee on National Minimum Wage over disagreements on the new minimum wage. Bukar Goni Aji, Chairman of the Tripartite Committee, has urged Labour to reconsider its demand of N250,000, citing economic constraints and government incentives as reasons to accept the N62,000 offer.
Aji highlighted various government efforts to support workers, including a N35,000 wage award for treasury-paid federal workers, N100 billion for gas-fuelled buses and gas kit conversions, a N125 billion conditional grant for SMEs, and N25,000 monthly payments to 15 million households for three months. Additionally, he mentioned palliative measures such as N185 billion in loans to states, N200 billion to boost food production, and N75 billion to strengthen manufacturing. Aji also noted the release of grains and rice to alleviate food costs and a salary increase of 25-35% for federal workers.
In response, Labour accused Aji of being out of touch with the severe hardships faced by Nigerian workers. Labour emphasized that their demand is based on a nationwide survey reflecting the true cost of living, which has drastically increased due to higher petrol prices, elevated electricity tariffs, and the naira’s devaluation.
Labour’s representatives pointed out the skyrocketing prices of essential goods and services, asserting that the N62,000 offer is insufficient. They called for the government to present a realistic offer that matches the current economic realities.
Minister of Budget and Economic Planning, Atiku Bagudu, stated that limited resources are why governors rejected the N62,000 minimum wage. He noted that while the amount was reluctantly accepted by states and local governments, it strains their financial capabilities.
The Orthodox Anglican Communion has urged both federal and state governments to pay workers a living wage and ensure fiscal prudence and accountability. The Church highlighted the importance of fair wages and criticized the government for not adequately addressing workers’ economic needs.
Senate Leader, Sen. Opeyemi Bamidele, has appealed to Labour to accept any federal government offer above N60,000 in the national interest. Bamidele emphasized the need for dialogue and patriotism as the country navigates its economic challenges.
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