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Why Organised Labour Rejected N60k Minimum Wage Offer – TUC

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TUC Minimum wage

President of the Trade Union Congress, TUC Festus Osifo has shed light on organised labour’s decision to decline the Federal Government’s latest ₦60,000 minimum wage offer.

Osifo condemned the federal government’s nonchalant attitude over deliberations about a new minimum wage, saying that organised labour will go on strike if the issue is not resolved immediately.

He also articulated the meticulous approach taken by labour representatives during negotiations, emphasising the need for transparency and a detailed breakdown of living expenses embedded within the proposed wage.

“The division of labour has been very clear. The government came to the negotiation table. If you remember the last time, it was fifty-seven thousand naira, so they moved to sixty thousand naira.

“When they moved to sixty thousand naira, the first thing we asked was, ‘Please, can you tell us how you want a Nigerian to survive on this? Let’s assume this person is working in central area and lives in Lugbe or Maraba.

“Can you kindly give us the breakdown? What is the cost of transportation that is embedded in this sixty thousand naira? What is the cost of feeding? Give us the breakdown’ but they did not,” Osifo explained.

Drawing attention to the stark contrast between the proposed wage and the actual cost of living, Osifo pointed out, “So our problem is not actually the volume of money. You will hear 60 thousand naira and think this is a huge amount of money, but the question is, what is the value of this money?

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