Comrade Joe Ajaero, the National President of the Nigerian Labour Congress (NLC), expressed optimism that the negotiation for a new minimum wage between the Federal Government and organized labor would be finalized before March this year.
In a telephone interview with newsmen on Thursday, Ajaero revealed that the Federal Government had requested the organized labor to provide names for the new minimum wage committee.
He emphasized that the list had already been submitted, and negotiations would commence once the committee is constituted.
With the existing minimum wage set to expire by March, Ajaero anticipates reaching an agreement on the new minimum wage before that deadline. This development signifies a crucial step in addressing the wage concerns of Nigerian workers.
Addressing the recent wage award by the Federal Government, Ajaero highlighted that only one month’s payment had been made, but he expressed the expectation that the remaining arrears would be released to workers by the end of January.
The ongoing negotiations between the Federal Government and the NLC reflect the collaborative efforts to establish a fair and sustainable minimum wage that addresses the economic realities faced by Nigerian workers. As discussions progress, attention is focused on reaching a timely resolution and ensuring the welfare of the workforce.