The Federal Government has issued a stern warning in response to the proposed strike by organized labour, scheduled to commence on Monday, cautioning that such action would exacerbate economic challenges faced by citizens.
Minister of State for Labour and Employment, Nkeiruka Onyejoecha, speaking on behalf of the government, emphasized the need for any new minimum wage agreement to avoid triggering widespread job losses, particularly in the Organised Private Sector, which constitutes a significant portion of the nation’s workforce.
Onyejoecha underscored the detrimental impact of a strike at a time when negotiations are still underway, stressing that it would further burden millions of Nigerians already grappling with economic hardships.
Highlighting the government’s commitment to negotiations, Onyejoecha outlined proposed measures aimed at addressing the country’s economic realities. These include a comprehensive package featuring a wage increase to N60,000 for federal workers, introduction of CNG-fueled buses, and enhanced financial access for Micro, Small and Medium Enterprises (MSMEs).
Furthermore, the government has pledged investments in strategic sectors such as agriculture, manufacturing, education, and healthcare, with the aim of bolstering economic growth and stability.
Onyejoecha reiterated the government’s dedication to finding a balanced solution that addresses the needs of workers while considering the country’s economic constraints. Emphasizing the importance of maintaining harmony in the workforce and driving national growth, she stressed the significance of a mutually beneficial agreement that safeguards both workers’ and employers’ interests.
As negotiations continue, the government remains steadfast in its commitment to establishing a minimum wage that is realistic, sustainable, and conducive to the nation’s economic progress.
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