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Minimum Wage: FG, Labour reach agreement on percentage increase for workers’ salaries

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Organised Labour and the Federal government on Thursday finally agreed on the percentage increase of the consequential adjustment in workers’ salaries as a result of the new minimum wage of N30, 000.

After three days of horse-trading and intense negotiation, both teams finally shifted ground from their earlier positions and agreed on certain percentages.

The federal government and organised labour, at the end of the meeting, agreed to a percent increase of 23.2 percent for workers on level seven and 20 percent for workers on level eight, while it agreed on a 19 percent increase for workers on level nine.

Also, the government and Organised Labour agreed on a 16 percent salary increase for workers on level 10- 14 and a 14 percent increase for workers on level 15-17.

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