BREAKING: FG Agrees To Set New Minimum Wage

The Federal Government has agreed to set a new minimum wage higher than the initially proposed N60,000. This decision was made during a meeting with labour leaders on Monday night in Abuja, aimed at addressing the dispute over the national minimum wage in response to the nationwide strike declared by organized labour.....KINDLY READ THE FULL STORY HERE▶

The meeting, which took place at the office of the Secretary to the Government of the Federation, sought to resolve the impasse and end the industrial action that had disrupted various sectors across the country.

At the conclusion of the meeting, it was resolved that “The President of Nigeria, Commander-in-Chief of the Armed Forces, is committed to establishing a National Minimum Wage higher than N60,000. The Tripartite Committee will convene daily for the next week to finalize an agreeable National Minimum Wage.”

Other resolutions were; “In recognition of the President’s commitment, the organised labour would immediately hold meetings of its organs to consider this new offer; and no worker would face victimisation as a consequence of participating in the industrial action.”

These resolutions were signed on behalf of the Federal Government by Minister of Information and National Orientation, Mohammed Idris, and Minister of State for Labour and Employment, Nkeiruka Onyejeocha.

Representing the organised labour were the President of the Nigeria Labour Congress, Joe Ajaero, and the President of the Trade Union Congress, Festus Osifo.

The NLC on Friday declared a nationwide indefinite strike starting at midnight on Sunday, June 2, 2024, due to the Federal Government’s refusal to increase the proposed minimum wage above N60,000.

Ajaero announced the strike following failed negotiations between the government and organised labour.