The Federal Government and Organised ltabour on Friday, May 31 failed to reach an agreement on a new national minimum wage.
The government added N3, 000 to its initial offer of N57, 000 proposed last week, taking the total figure to N60, 000 while labour lowered its demand by removing N3, 000 from the N497, 000 it proposed last week.
The tripartite committee has been locked in talks over a new minimum wage since the committee was inaugurated in January this year.
To fast track the negotiation process, the NLC and TUC on May Day gave the committee till the end of the month to wrap up talks on a new national minimum wage.
That ultimatum expired on Friday night without an agreement.