On Tuesday, the Federal Government proposed a new minimum wage of ₦60,000 for workers, but Organized Labour swiftly rejected the offer. Instead, Labour unions countered with a demand for a minimum wage of ₦494,000, significantly higher than the government’s proposal.
The unions’ bold move sets the stage for further negotiations and potentially contentious discussions on the future of workers’ compensation in the country.
Reacting, Onyejeocha said the federal government had consistently taken steps to secure a fair and realistic wage for Nigerian workers.
The minister urged labour to recognize that the nation’s economy was still recovering from the devastating effects of the pandemic and other economic distress.
Onyejeocha added that the government recognized that Nigerians’ economic challenges were complex and multifaceted and called for the collective effort of all stakeholders to overcome them.
The statement read, “We appeal to organized labour and other relevant stakeholders to be considerate and patriotic in their demands, recognizing that our economy is still recovering from the devastating effects of the pandemic and other global economic shocks.
“We are committed to putting the people first and ensuring that our economic policies benefit all Nigerians, not just a select few.
“The government remains dedicated to prioritizing the well-being of our citizens, and it wants to urge all relevant parties to demonstrate patriotism and understanding.