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Minimum Wage: Nigerian Government Explains N60,000 Offer, Warns Against Strike

 





The Federal Government has responded to the planned strike by organized labor, warning that it will exacerbate the country's economic difficulties. Minister of State for Labour and Employment, Nkeiruka Onyejeocha, stressed that any new minimum wage must avoid causing widespread job losses, particularly in the Organised Private Sector, which employs a large portion of the workforce.

 

Onyejeocha cautioned that the strike is not in the country's best interest, especially with negotiations ongoing. The Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) announced the strike for June 3 due to the failure to reach a compromise on a new national minimum wage.

 

"Striking in the middle of ongoing negotiations will only worsen the economic woes and increase the suffering of millions of Nigerians who are already struggling," Onyejeocha said through her media aide, Emameh Gabriel.

 

She highlighted the government's commitment and goodwill during negotiations with organized labor, noting that the government's proposals were designed considering the country's economic realities and included innovative solutions. These proposals feature a wage increase to N60,000 for federal workers, the introduction of CNG-fueled buses, and improved financial access for Micro, Small, and Medium Enterprises (MSMEs).

 

Additionally, the government has pledged investments in key sectors such as agriculture, manufacturing, education, and healthcare. Onyejeocha emphasized that the government's approach aims to balance the needs of workers with economic realities, ensuring that the minimum wage is realistic and sustainable without harming the economy.

 

"This balanced approach is crucial for maintaining workforce harmony and driving national growth," she explained. The government seeks to protect both workers' and employers' interests, ensuring that any agreement reached is mutually beneficial and supports the country's economic stability.

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