As the one-week suspension of the nationwide strike by organised labour comes to an end today, the call for a deserved living wage for Nigerian workers intensifies, with appeals directed at President Bola Tinubu.

Meanwhile, the Lagos Chamber of Commerce and Industry (LCCI)  and Minister of Labour  advocates for balanced negotiation considerations, urging parties to factor in economic realities, affordability, and sustainability.

Additionally, the Nigeria Governors’ Forum (NGF) pushes for the gradual cessation of electricity subsidies, citing inefficacy and proposing policy changes within the power sector.

In favor of Labour Minister Nkiriuka Onyejeocha’s efforts, the organised labour awaits tomorrow’s organ meeting to deliberate on their demands following the expiration of the strike suspension. Amidst this, anticipation builds for President Tinubu’s response to the recommended minimum wage, which stands at N62,000, submitted by the Tripartite Committee.

While the LCCI emphasizes flexibility and economic balance in wage negotiations, the NGF emphasizes the need for cost-effective tariff strategies and metering programs, aligning with state-specific market dynamics.

In light of these developments, the path to a fair and sustainable wage system intertwines with broader economic policy adjustments, seeking to address both short-term demands and long-term stability.