New minimum wage: Talks end in deadlock as FG proposes N60,000

The Organised Labour left the Tripartite Committee meeting on Minimum Wage on Tuesday, after the Federal Government increased its offer to N60,000.

A source privy to the meeting in Abuja, told Vanguard that the federal government increased its offer by N3,000 to N60,000.

“We walked out again. Just now. They (federal government) added 3k. We reduced 3k,” the source said.

As at the time the organised labour walked out, the federal government offer was N60,000, while labour reduced its demand to N494,000.

“This is simply a case of if they go higher, we will go lower. They need to propose something reasonable for us to propose something lower too. There is no two-way about it.

“Also, we have a way of meeting as members of the Labour before each committee meeting. This will help us to take a uniform stand by the time we get to the meeting front.

“So as long as the government is ready to present something reasonable, we will meet them in the middle,” the labour leader said.