Connect with us

Hi, what are you looking for?

News

FG 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 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.

_________

Follow us on Twitter at @thesignalng

Copyright 2018 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Related

News

The planned nationwide strike by organized labor against the financial hardship in Nigeria was postponed yesterday. After the government allegedly refused to abide by...

News

The Nigeria Labour Congress has commenced mass mobilisation ahead of its planned nationwide strike scheduled to begin Wednesday to protest the hardship occasioned by...

News

The Nigeria Labour Congress has protested the N617 rise in the price of gasoline at the pump, claiming that Nigerians continue to reject the...

News

The National Economic Council, NEC, yesterday suspended the planned removal of subsidy on petroleum products by the end of May by President Muhammadu Buhari’s...

Copyright ©