Labour unions and the Federal Government have been in negotiations over measures to cushion the impacts of the harsh economy.

The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have declared a nationwide strike beginning from Monday, June 3^rd, 2024 over the tripartite committee’s inability to agree on a new minimum wage and hike in electricity tariff.

The President of the TUC Festus Osifo announced the strike at a joint news conference with the leadership of the NLC in Abuja on Friday.

According to the labour leaders, the decision follows the expiration of an earlier request to the Federal Government to conclude all negotiations for a new minimum wage before the end of May.

“In light of this persistent inaction, we, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), hereby issue a notice of commencement of an indefinite nationwide strike to the Federal Government,” Osifo said.

“We reiterate that since the National Minimum Wage negotiation exercise has not been concluded and the agreed wage passed into law; the hike in electricity tariff has not been reversed and the categorization of consumers into Bands has not stopped as demanded; Nigerian workers are compelled by these failures to embark on an indefinite nationwide industrial action beginning on Monday, the 3^rd of June, 2024 to press home our demands.”

The organised labour had once pulled out of the negotiation and rejected two Federal Government offers, the latest being N60,000. They are insisting on N497,000 as minimum wage.

Rising Living Cost

Since the removal of fuel subsidy and the floating of the naira, the cost of living in Nigeria has reached new highs, heightening calls for a new minimum wage.

In the wake of the development, labour leaders have reeled out several measures including a new minimum wage, alternative modes of transportation, and others to cushion the impact of the subsidy removal.

The government later set up a committee made up of labour leaders, government officials, and the organised private sector to negotiate a new minimum wage.

Despite several meetings, the committee failed to reach a consensus, prompting the recent strike action by the labour leaders. The Federal Government is yet to comment on the TUC and NLC’s latest move. (Channels TV)

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