By Ayomide Ajayi

The labour unions comprising the Nigeria Labour Congress and Trade Union Congress have walked out of the ongoing minimum wage negotiations with the government and the Organised Private Sector.
The labour unions described the government’s offer of N48,000 as ridiculous and a reduction in income for federal-level workers who are already receiving N30,000 as mandated by law.
The labour unions proposed a new minimum wage of N615,000, citing high cost of living as the yardstick for the proposal.
The Organised Private Sector proposed an initial offer of N54,000, though it is worth noting that even the least paid workers in the private sector receives N78,000 per month.

The government proposed a national minimum wage of N48,000, which the labour unions described as ridiculous and an insult to the sensibilities of Nigerian workers.
The labour unions have given the government an ultimatum to arrive at a decision by the end of the month, failing which they will take a decision.
The labour unions are demanding a new minimum wage of N615,000, citing high cost of living as the yardstick for the proposal. They are also demanding that the government should provide a substantiated data to support their offer.