New minimum wage announcement on May Day not feasible, says TUC president

The Trade Union Congress of Nigeria President, Mr Festus Osifo, has said that the much-awaited new minimum wage may not be announced on May 1.”The negotiations by the Tripartite Committee are still ongoing. If you remember, the TUC earlier submitted N447, 000 as the new minimum wage, but we have harmonised our figure with the Nigeria Labour Congress .“So, certainly, May 1 will not work for the pronouncement of the new minimum wage.

Vice President Kashim Shettima said the setting up of the minimum wage review committee is a reaffirmation of President Bola Tinubu’s desire to motivate the nation’s workforce, which he describes as the cornerstone of the administration. Shettima notes that though decisions made to salvage the economy remain inevitable, the Federal government is not oblivious to the short-term implications, assuring Nigerians of better days ahead.

He urged the committee to be diligent and consult widely in arriving at a fair and decent wage that can alleviate the sufferings of the people.

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