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April 2, 2024 Committee on New Minimum Wage to Conclude Ahead of May Day Celebrations
The 37-member tripartite committee on minimum wage set up by the Federal Government will reconvene mid-April to continue further negotiations and consultations on the new minimum wage. The National Treasurer of the Nigeria Labour Congress, Hakeem Ambali, who is a member of the tripartite committee, confirmed this to newsmen in Abuja. Ambali noted that the committee members are still collating and analyzing the reports received from the zonal public hearings. The committee had received the reports of zonal public hearings held across the six geo-political zones of the country between Wednesday, March 27, 2024 and Thursday, March 28, 2024. The minimum wage to be unveiled is expected to cushion the effects of the removal of subsidy on Premium Motor Spirit. During the public hearings, different zones had suggested different amounts for minimum wage. The South West zone had suggested N794,000; the North East proposed N560,000 as minimum wage; North West proposed N485,000; the North Central proposed N709,000; South South demanded N850,000 while the South East demanded N540,000. President Bola Tinubu is expected to announce the new minimum wage on May 1, 2024.  

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