FG and Labour set to meet today to discuss minimum wage.
Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) rejected the FG’s N60,000 offer. Talks for a new minimum wage continue as tension rises over a possible industrial action. Labour shifted from N497,000 to N495,000, deemed “unrealistic” by government and private sector. Gov’t cites concerns over job losses with higher minimum wage. Labour insists on N495,000 due to inflation and devaluation. Deadline for agreement set for May 31st; Labour threatens action if no resolution. FG urged to consider cost of living adjustments. Both sides seek compromise for affordable minimum wage
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