The Tripartite Committee meeting on the new minimum wage will reconvene on Friday, as the Federal Government has invited Organized Labour to continue negotiations.
The Secretary of the Committee, Mr. Ekpo Nta, in a letter to the Presidents of the two Labour centres namely the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC), said the scheduled meeting will be the seventh in the series of meetings by the Committee, as members try to agree on what should be the new minimum wage.
The last meeting on Tuesday was deadlocked as the Organised Labour rejected the ₦60,000 offer by the Federal Government.
The Labour representatives in the committee however adjusted their demands downward from the initial ₦497,000 Minimum Wage request to ₦494,000.
Labour had initially demanded a ₦615,000 minimum wage but reduced it twice – now at ₦494,000. The government and the Organised Private Sector had initially proposed ₦48,000 and ₦54,000 which were also rejected by the labour.
