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Minimum wage: Labour cuts demand to N497k; FG, OPS offer N57k

lYesterday’s talks end in stalematelUzodimma attends briefly as other govs shun minimum wage talks For the second day running, the ongoing tripartite negotiation on the new national minimum wage involving the Federal Government, organized labour and the Organised Private Sector, OPS, yesterday ended in another stalemate as government and private sector employers made minimal adjustments to their earlier offers. This came as none of the six governors who are members of the committee attended the meeting yesterday. But Imo State governor, Hope Uzodimma, was present at the meeting, which has been adjourned to Tuesday, May 28, 2024. While organised labour which had earlier yesterday brought down its wage demand from N615,000 to N500, 000, and later N497,000, OPS increased its last week’s offer of N54,000 to N57,000. The government negotiating team had earlier remained adamant, but had to take a short break to consult. It returned from the short break to increase its offer to N57,000 to mat...