The Federal Executive Council (FEC) has stepped down the memorandum on the report of the Tripartite Committee on New National Minimum Wage for further consultation.
Minister of Information and National Orientation, Mohammed Idris, disclosed this to journalists on Tuesday, June 25, after the FEC meeting, which was presided over by President Bola Tinubu.
He said this was done to allow the president to consult wider.
According to the minister, the council took its decision realizing that the issue of the national minimum wage is not just for the consideration of the federal government, but involves other stakeholders like the state and federal governments, as well as the organized private sector.
He said the president needs to interact with other wage-paying entities to factor their contributions and circumstances into the executive bill on the matter that will be passed on to the National Assembly for passage into law.
“I want to inform Nigerians here that the Federal Executive Council deliberated on that and the decision is that because the new national minimum wage is not just that of the federal government, it is an issue that involves the federal government, the state governments, local governments, and the organized private sector and of course, including the organized Labour.
It would be recalled that at the end of the Tripartite Committee meeting on the new national minimum wage, the government team and the organized private sector offered N62,000 from the current N30,000 but the organized labour comprising the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, demanded N250,000 living wage.
The decision of the President to consult the relevant stakeholders is coming on the heels of the statement by the President of the NLC, Joe Ajaero, where he said that the organized labour had expected the President to reach out to the members of the Tripartite Committee to harmonize the figure.
Ajaero had hinged his position on the fact that there was a stalemate at the end of the Tripartite Committee meeting.
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