NewsNigeriaPoliticsNLC Cuts Minimum Wage Demand to N497,000, FG Offers N57,000

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Negotiations over a new national minimum wage in Nigeria reached another impasse on Wednesday as the Nigeria Labour Congress, NLC, lowered their initial demand but rejected the federal government’s latest offer.
The NLC, representing organised labour in Nigeria, originally proposed a significant increase to N615,000.
However, after previous proposals from the government were deemed insufficient, the NLC signalled a willingness to compromise by reducing their demand to N497,000.
Still the government’s latest offer stands at N57,000, still far below the NLC’s revised figure. The Nigerian government previously proposed N48,000.
NLC leaders called the government’s offer “unrealistic”, highlighting its inadequacy to meet the needs of Nigerian workers struggling with inflation.
The second meeting held on Wednesday as part of ongoing negotiations between the NLC, the federal government, and the Organised Private Sector, OPS, ended inconclusively. No party was willing to shift grounds for the other.
Negotiations are expected to resume on 28th May. Whether a compromise can be reached before the deadline of 31st May issued by the NLC to prevent a nationwide strike remains to be seen.
By Ezinwanne Onwuka (Senior Reporter)

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