The federal government says it will create a tripartite committee that will study all the dynamics of a wage increase, percentages and numbers, and the categories that will be affected.
The tripartite committee, it said, will include Representatives of the federal government, states, organised labour and the private sector.
These were part of the resolutions reached at a two-hour meeting between the representatives of the federal government and the Trade Union Congress (TUC) held at the Aso Rock Presidential Villa, on Sunday in Abuja
Speaking on behalf of the federal government, Mr. Dele Alake, said the meeting featured the consideration of a list of demands from the trade unions, amongst which was the upward review of the minimum wage due to what he described as a drastic fall in the purchasing power of Nigerian workers occasioned by the discontinuance of petroleum subsidy.
He noted that discussions would continue on Tuesday, as President Bola Tinubu plans to convene a tripartite committee.
His words: “Mr President is most likely going to constitute a tripartite committee. That is the committee of the Federal Government and including the states and organised labour and the private sector.
“Now, this is a tripartite arrangement. It will be a committee that will study all the dynamics of a wage increase, the percentages and numbers, and the categories that will be affected.”
Also, the President of the TUC, Festus Osifo, said aside from the minimum wage increase, the union also demanded tax holidays for some categories of workers.
He added that part of the demand of the union included revert to the old petrol pump price of N195/Litre while negotiations continue.
Osifo added: “In the meeting, we just concluded, we have detailed and marshalled out the list of our demands to them (FG).
“They also in turn told us that when they presented the items to us on Wednesday, we told them that we were going back to our principals. So they also need to touch base with Mr. President, so that we will reconvene this meeting again on Tuesday.
“We are hopeful that the demand that we have presented will be reviewed in the best interest of Nigerian workers.”