President Ahmed Bola Tinubu has announced that the Executive Bill on the new minimum wage will soon be sent to the National Assembly for consideration to enshrine the agreed-upon wage as part of the country's law for the next five years or less.
New Minimum Wage: FG Offers N62,000, Labour Demands N250,000
After hours of meeting on Friday, the Federal Government and the organised private sector have increased their offer for the new minimum wage to N62,000 from the earlier N60,000.
However, the organised labour is proposing N250,000 which...
New Minimum Wage: Tinubu Gives Finance Minister Two Days to Present Cost Implication
President Bola Tinubu has directed the Minister of Finance, Wale Edun, to come up with the cost Implications on the new minimum wage within two days.
Minister of Information and National Orientation, Mohammed...
Minimum Wage: FG, NLC Reach New Agreement
The federal government and organised labour have agreed on the fixing of a new minimum wage that is above N60,000.
The agreement was reached at the end of a meeting held on Monday between leaders of the Nigeria Labour...
The Nigeria Labour Congress (NLC) has just denied that it has settled for N100,000 as the new minimum wage, stating that the organisation is keeping its next move “close to its chest” as its officials will meet on Monday.