Fuel Subsidy: Federal Govt, Labour Meet, Form Tripartite Committee

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Fuel Subsidy: Federal Govt, Labour Meet, Form Tripartite Committee
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Among the demands of the Labour movement, the foremost priority is the issue of the minimum wage, which they argued was a consequential impact of the subsidy

Alake said the government was taking the matter seriously and intends to establish a tripartite committee consisting of representatives from the federal government, state authorities, organised labour and the private sector.

He said the removal of subsidy had led to an immediate impact on workers’ purchasing power due to the rise in fuel prices, and “addressing this concern is of utmost importance to the government”. When asked about accusations made by Bayo Onanuga regarding the NLC pandering to the wishes of the presidential candidate of the Labour Party in the February 25, 2023 election, Mr Peter Obi, Alake dismissed it as irrelevant to the discussions on workers’ welfare.

Osifo said the TUC did not agree with the government’s offerings. Instead, they decided to consult their respective organs before further negotiations could take place. Osifo said the current minimum wage in Nigeria falls significantly short of providing a living wage and called for a review to rectify this dire situation.

Osifo confirmed that the TUC presented their list of demands to the government, who received it with goodwill.

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