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Title : Osinbajo Empowers Committee to Work Out New Minimum Wage
link : Osinbajo Empowers Committee to Work Out New Minimum Wage
Osinbajo Empowers Committee to Work Out New Minimum Wage
The Federal Executive Council chaired by Nigeria's Acting President Yemi Osinbajo has begin work on the approval of a new minimum wage in Nigeria.A 29-member National Minimum Wage Committee has been approved to negotiate with labour unions and work out a new minimum wage.
This development was announced by Labour Minister, Dr. Chris Ngige, at the end of the meeting in Abuja.
According to him, members of the committee would be drawn from the Nigerian Governors’ Forum, Manufacturers Association of Nigeria and the Organised Private Sector, the Nigerian Labour Congress and Trade Union Congress.
Nigerian labour unions want a minimum wage of N50,000, almost three times more than the present N18,000, which is difficult to pay by most state governments.
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