Negotiations on the new national minimum wage reached a crucial stage Friday night as the Federal Government proposed a minimum wage of N62,000 to organised labour.
Sources privy to the deliberations at the meeting of the Tripartite Committee in Abuja said organlised labour countered with a demand for a N250,000 minimum wage.
The committee consists of representatives from the government, organised private sector and organised labour.
Advertisement
Following the deadlock in negotiations, the Tripartite Committee adjourned the meeting without achieving a consensus.
Further details regarding the outcomes of the negotiations are anticipated to emerge the next few hours.