President Muhammadu Buhari on Monday, November 27, said the nation’s minimum wage should be anchored on social justice and equity.
He said the government must aim to go above the basic social protection floor for all Nigerian workers based on the ability of each tier of government to pay.
Buhari said this while inaugurating the 30-member National Minimum Wage Committee at the Presidential Villa, Abuja.
The tripartite committee chaired by a former Minister of Housing, Ms. Ama People, is saddled with the responsibility of negotiating a new National Minimum Wage for Nigerian workers.
The President said, “The subject of a national minimum wage for the federation is within the Exclusive Legislative List of the 1999 Constitution of the Federal Republic of Nigeria (as amended).
“Accordingly, we should aim to go above the basic social protection floor for all Nigerian workers based on the ability of each tier of government to pay.
Buhari Inaugurates Committee On New Minimum Wage
“I say this because minimum wage is the minimum amount of compensation an employee must receive for putting in his or her labour and as such should be anchored on social justice and equity.”
Buhari disclosed that government’s decision after considering the final recommendation of the committee would be sent as an executive bill to the National Assembly for it to undergo appropriate legislative scrutiny before passage into law.
He said the inclusion of state governors and private sector employers in the committee was meant to ensure ease of implementation of a new minimum wage nationwide.
The President said he was hopeful that the principles of full consultation with social partners and their direct participation would be utilised by the committee, bearing in mind the core provisions of the International Labour Organisation Minimum Wage Fixing Convention No. 131 and Minimum Wage Fixing Machinery Convention No.26 (ratified by Nigeria).
Accordingly, Buhari said conditions of genuine social dialogue should prevail in the spirit of “tripartism and collective bargaining agreements.”
“I therefore enjoin you all to collectively bargain in good faith, have mutual recognition for each other and always in a spirit of give and take.
“The committee is expected to complete its deliberations and submit its report and recommendations as soon as possible to enable other requisite machinery to be set in motion for implementation of a new National Minimum Wage,” he added.
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