FG Insists on ₦62,000 minimum wage despite opposition by organized Labour
The Presidency has said that the N250,000 minimum wage demanded by Organised Labour is unsustainable, cautioning that the Federal Government cannot allocate all its resources to meet such a demand.
The Federal Government and Organised Labour had previously failed to reach an agreement on the minimum wage, with the government and Organised Private Sector offering N62,000, which Labour deemed an insult.
Giving fresh insight on the issue, the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, said the government cannot channel all its resources to pay workers, as it has other responsibilities to attend to.
Onanuga urged Labour to be realistic, considering that workers are only about 10% of the population, and many others are self-employed or engaged in the private sector.
