Monday , March 25 2019
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Minimum Wage: FG, Organised Labour reconvene today

The Federal Government says the meeting with the Organised Labour to prevent the threat of national industrial action over non transmission of the New National Minimum Wage Bill to the National Assembly will reconvene by 1p.m on Tuesday.

Sen. Chris Ngige, Minister of Labour and Employment, said this while speaking with newsmen at the end of a closed door meeting with organised labour on Tuesday in Abuja.

The News The News Agency of Nigeria (NAN) recalls that the National Executive Council (NEC) of the NLC had threatened to embark on a nationwide protest on January 8, if the Federal Government fails to transmit the bill on minimum wage to the National Assembly.

The organised labour gave the threat following President Muhammadu Buhari’s statement that a “high powered technical committee” would be set up to device ways to ensure that minimum wage  implementation did not lead to an increase in the level of borrowing.

According to Ngige, we have made progress and Tuesday, we will know the definite date when the bill will be transmitted to the National Assembly.

“It has been difficult to arrive at a date because there are processes to follow on the bill.

“We have to go to the Federal Executive Council with a council memo on the bill after that, we will go to the National Economic Council and the Council of State.

“But for the Council of State, the President has to look at his own time table and we will inform past Heads of State and Justice of the Federation. This can take two weeks.

“However, we are trying to see if we can accommodate all these meetings by next week because we cannot do Council of State meeting again this week.

“Immediately after that meeting (Council of State), we will transmit the bill,” he said.

Also speaking, Mr Ayuba Wabba, NLC President, said that organised labour had a useful discussion with the Federal Government.

He said that labour leaders had consulted and agreed to meet with the government on Tuesday by 1p.m to ensure that the processes for the transmission of the bill would be completed without further delay.

” We will surely go ahead with the mass protest nationwide on Wednesday.

“The protest is about implementation, it has no link with the transmission. We are trying to see how the bill will be transmitted to the National Assembly.

“The protest is about how to get all parties committed to the issue of minimum wage, it is different from how we get this bill transmitted with timeline to the national assembly,” he added.

The News Agency of Nigeria (NAN) reports that the meeting which started about 9:05 p.m ended at 11: 56p.m on Monday.

-NAN

 

About Lanre Oyetade

A multiple award winner in Economics and business journalism, Lanre Oyetade has served close to two decades in the media industry, spanning different notable stables, where he is privileged to have risen to the position of a title editor. A masters degree holder in Economics from the University of Lagos and doctoral student at the Babcock University, he is a winner of the prestigious NMMA Capital Market Award for two consecutive years (2004 & 2005), and was also a nominee for the body’s banking and finance and money market awards for two years. In 2013, he also won the Most Outstanding Business-Reporting Title Editor award of the National Institute of Marketing of Nigeria (NIMN). A minister in the LORDS’s vineyard, he has been an inspirational speaker and resource person at many corporate and religious fora since early 2004, and has so far authored three books on the capital market; on personal effectiveness, and on personal finance, in 2008 and 2014, respectively.