The Joe Ajaero-led faction of the Nigeria Labour Congress said on Wednesday that labour would not sign any agreement on a new minimum wage, if it was not implementable.
Ajaero said this at an interactive session with journalists in Lagos, while explaining the terms his group had reached with the Federal Government following the recent increase in the price of petrol.
The increase saw to the cost of petrol moving from N87 per litre to N145 per litre.
According to the NLC factional leader, the ability to pay the proposed new wage is the purpose of any minimum wage agreement, stressing that no labour leader will sign an agreement that is not realistic.
Ajaero said since his group proposed N90,000, while the Ayuba Wabba-led group demanded for N56,000, government had the prerogative to come out with its own position.
He said: “If the government comes out with its position, we, the labour movement, can crosscheck and counter it, if necessary, before the agreement is signed.”
He said the minimum wage was a proposal based on the economic index, which could force the government to reduce its workforce, if necessary.
Ajaero said there would be a sub-committee that would look into an increase in wages for the manufacturing sector, to enable it to be able to cater for the welfare of employees in the sector.
The factional leader also said only the Board of the Petroleum Products Pricing and Regulatory Agency had the prerogative to fix the prices of petroleum products.
He said: “Even if Organised Labour and Nigerians were able to compel the government to reduce the N145 Petrol price to N50 per litre, it would have been illegal.”
Ajaero, who recalled that the Board of the PPPRA had not been reconstituted for the last four years, however, called for its reconstitution within two weeks.
A new Chairman was, however, named for the Board in Abuja on Wednesday by the Secretary to the Federal Government, Babachir Lawal, while Ajaero was speaking in Lagos.
He is Alhaji Muhammadu Buba, a former Managing Director of the Petroleum Products Marketing Company.
Members were, however, not named.
Also speaking in Lagos at the meeting of the factional NLC with the media, Igwe Achese, the President of the Nigeria Union of Petroleum and Natural Gas Workers, stressed the need for the country to build new refineries.
Achese called on government to ensure that existing refineries were fixed to enable them perform optimally and pave way to end the importation of petroleum products.
According to him, labour will ensure that the N5 trillion palliatives promised by the government are implemented to alleviate the pains of Nigerians from the withdrawal of subsidy.