Business News of Monday, 26 August 2024

Source: www.mynigeria.com

Some workers to receive N200,000 minimum wage as FG ends dispute in maritime sector

Minister of Marine and Blue Economy, Gboyega Oyetola Minister of Marine and Blue Economy, Gboyega Oyetola

A labour breakthrough was achieved in the Maritime industry after 20 long years of immense challenges.

The Shipping Agencies, Clearing and Forwarding Employers Association (SACFEA), and the Maritime Workers Union of Nigeria (MWUN) have signed a major agreement to establish a minimum wage of N200,000 for shipping industry workers.

This will be reviewed every two years, ending a labour dispute that had lingered for over two decades and affected the industry's growth.

The Federal government brokered the agreement through the Ministry of Marine and Blue Economy and the Nigerian Shippers’ Council (NSC).

After years of stalled negotiations and industrial unrest, the government’s intervention has improved working conditions in the maritime sector.

Gboyega Oyetola, the Minister of Marine and Blue Economy, called the agreement a milestone in the maritime industry.

According to the minister, the pact is more than a piece of paper.

It represents the end of years of dispute and a new dawn for maritime workers and employers.