By Our Reporter
With just ten days to the end of the ultimatum given by the Organised Labour to the federal government to accept its proposal of N615,000 minimum wage, the continuing negotiation, Wednesday, was deadlocked as neither party could agree on a figure.
The Organised Labour rejected the government’s fresh offer of N57,000, the third proposal in a week .
However, the NLC and the TUC shifted ground from their initial ₦615,000 to ₦497,000.
Recall that in previous meetings with Labour, the Federal Government and the Organised Private Sector side of the talks proposed a ₦57,000 monthly minimum wage as against the ₦54,000 proposed on Tuesday when the committee resumed negotiations.\
Earlier, federal government had initially proposed ₦48,000 last week, which was also rejected by the Organised Labour.
Reports say that the Organised Labour had reasons to drop their demand from the initial ₦615,000 minimum wage to ₦497,000.
On Tuesday, the meeting with the federal government had ended in a stalemate with the Organised Labour accusing the government and private sector of showing unwillingness to agree on a new minimum wage.
At the resumption of the negotiations on Tuesday, the NLC and the TUC also rejected the new proposal of ₦54,000 minimum wage by the government.
The committee is yet to agree on a new minimum wage just about 10 days before the May 31 deadline the labour unions gave to the government to conclude the negotiations.
Labour had issued an ultimatum to the federal government to resolve the issue of the minimum wage giving them until May 31, 2024, or face an industrial action.