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FG, Labour To Resume Talks Friday On Minimum Wage.

President Bola Tinubu-led government, on Wednesday, reached out to the Organised Labour consisting the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) for the continuation of minimum wage negotiations.

According to Punch, a source familiar with the matter disclosed the development in Abuja.

The source noted that Labour would honour the invitation.

The source said, “A letter has been addressed to Labour by the committee chairman and signed by the NSIWC chairman. The meeting is scheduled for Friday.

“Of course, Labour will attend. If they present a better offer on Friday we will accept it.”

Recall that the minimum wage committee, on Tuesday, adjourned indefinitely after talks between the Federal Government and Organised Labour broke down.

During the meeting labour rejected the Federal Government’s ₦60,000 fresh proposal, up from the earlier ₦57,000 offer.

At the meeting, labour also lowered its demand by removing ₦3,000 from the ₦497,000 it proposed last week, pegging the new proposal at ₦494,000.

To fast-track the negotiation process, NLC and TUC on May Day gave the committee till the end of the month to wrap up talks on a new national minimum wage.

The ultimatum will expire on Friday night.

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