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FG Set to Announce New Minimum Wage After Reconvening with NLC

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The federal government (FG) is set to announce the new minimum wage as the tripartite committee completes its assignment for onward submission to President Muhammadu Buhari.

Nigerian Labour Congress (NLC) president, Ayuba Wabba, made this known while speaking with newsmen on Monday, October 8, in Abuja.

According to him, the committee reconvened and deliberated on a new minimum wage figure that was acceptable to all employers of labour in the country.

In his words;

“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 (NEC) meeting.

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