FG Set To Announce New Minimum Wage

The Federal Government is set to announce the new minimum wage as the Tripartite Committee completes its assignment for onward submission to President Muhammadu Buhari.

Mr Ayuba Wabba, NLC President, made this known while speaking with newsmen on Monday in Abuja.


According to him, the committee used the two-day to reconvene and deliberate on a new minimum wage figure that was acceptable to all employers of labour in the country.

“I want to assure workers that all has been concluded and will be passed for signing within the week.


“I also want to appreciate the Organised Private Sector, Manufacturers Association of Nigeria and Nigeria Employers Consultative Association (NECA) for their resolve to pay the new minimum wage when it is signed into law,” he said.

The NLC president, however, refused to disclose the figure arrived at by the Tripartite Committee on the new National Minimum Wage.

Wabba said the presidency would make it public after deliberation by the National Economic Council meeting.

The News Agency of Nigeria (NAN) recalls that the organised labour, comprising the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and the United Labour Congress (ULC), on Sept. 30, suspended its warning strike on a new minimum wage embarked upon on Sept. 26.

The organised labour had embarked on the strike after a 14-day ultimatum to the Federal Government for failing to reconvene meeting to come out with its own figure on the new minimum wage.

The three unions had demanded N65,500 as new minimum wage for workers, while the private employers and some state governors were proposing N25,000.

(NAN)

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Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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