An agreement has been reached between the Federal Government
of Nigeria and the Nigerian Labour Congress (NLC) over the new minimum wage
adjustment.
The agreement was reached after about four days of the
meeting. According to the Minister of State for Labour & Employment, Festus
Keyamo, both the government and the organized labour signed Terms of Settlement
on different percentages of adjustments.
“After some delicate negotiations (with both Ministers as
conciliators) Government & Labour have finally reached an agreement on the
consequential adjustments of other wages following the implementation of the
enhanced minimum wage of N30,000. We are now working on the communique.
“At about 3 am this morning, we signed this Terms of
Settlement b/w Govt & Labour which reveals different percentages of
adjustments in other wages after the minimum wage adjustment. Those of the
law-enforcement agencies have also been done, but are not captured in this
Memorandum.” Keyamo tweeted on his official Twitter account, @fkeyamo.
At about 3am this morning, we signed this Terms of
Settlement b/w Govt & Labour which reveals different percentages of
adjustments in other wages after the minimum wage adjustment. Those of the
law-enforcement agencies have also been done, but are not captured in this
Memorandum.
The
Federal Government and the National Assembly had approved the minimum wage of
N30,000. The implementation has, however, been delayed since the approval.
No more strike: In August, the President of the NLC, Ayuba
Wabba, said the union was not prepared for any strike but a memo posted by
Keyamo disclosed that the recent conciliation meeting was organized when the
labour union threatened that it could not guaranty industrial peace after
October 16, 2019.
Although the time the agreement on the consequential
adjustments would reflect on workers’ wages wasn’t stated in the memo shared,
it has allayed the fear of any potential strike by the organised labour.
The consequential adjustments: According to the memo seen by
Nairametrics, the increment varies for all levels of workers from GL-07 to
GL-18.
GL 07 = 23.2%
GL 08 = 20%
GL 09 = 19%
GL 10-14 = 16%
GL 15-17 = 14%
