Coming up slightly from an offer of N54, 000, the Federal Government has increased its offer to N57,000 in the ongoing new national minimum wage negotiation with organised Labour and the Organised Private Sector, (OPS).
This is just as it was learnt the Organised Labour has wind down its earlier N615,000 demand to 500, 000 minimum.
The government at the negotiation table had on Tuesday offered to pay a minimum wage of N54,000.
It gathered that the government team added N3,000 to its earlier offer to match the OPS offer after members of the team returned from a short break for consultation.
Recall that the OPS had earlier on Wednesday upped its offer to N57,000 from the initial N54,000 it presented during last week’s meeting.
The Organised Labour had demanded for N615,000 stressing that it is based on the current economic reality, but the Federal Government rejected it.
This has led to the meetings ending in deadlock as both parties failed to compromise.
Labour representatives had last week stormed out of the negotiation table after the Government presented a N48,000 minimum wage proposal.
However, on Wednesday, in a bid to shift ground so as to ensure speedy conclusion of negotiation on new national Minimum Wage, the Organised Labour at the ongoing Tripartite Committee on the National Minimum Wage meeting reduced its demand from N615,000 to N500,000.
It was gathered the Government had been laying claims to non-availability of funds and the OPS stating inability to pay the minimum proposed by the Organised Labour.