The organized private sector has called for the implementation of the proposed N30,000 national monthly minimum wage, as from January 2019.
The sector’s major body, Nigeria Employers Consultative Association (NECA), said the N30,000 wage rejected by the federal and state governments is realistic.
The Association’s President, Doctor Mohammed Yinusa, addressing a news conference in Lagos, said the proposed N30,000 wage will boost the purchasing powers of the workers and stimulates the economy.
Yinusa asked both the federal and state governments to embark on financial re-engineering of their revenue, in order to mobilise adequate fund to implement the proposed national minimum wage.
He explained that the issue of ability to pay the national wage should not be a major factor if there is efficiency and prudence in governance structure.
Meanwhile, the Nigeria governors forum has met in Abuja to brainstorm on the proposed N30,000 national monthly minimum wage, which they had rejected.
The meeting took place on Thursday night, ahead of meeting of the national executive council to be presided over by Vice President Yemi Osinbajo.
The governors will also meet with President Muhammadu Buhari, who is in the possession of the report of the tripartite committee which negotiated the new wage.
The meeting is expected to revisit the national minimum wage which has pitted the federal, state and local governments against the organized labour.
The state governments during the negotiations for the new national monthly minimum wage had offered N22,500, while the federal government proposes N24,000, against N30,000 demanded by the organized labour.
To pay the proposed N30, 000 wage, the governors are threatening to reduce workers on the payroll of their respective administration, or that the take of the state and local governments from the federation accounts should be increased.