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May 23, 2024 Labour Moves to N497,500 as Federal Government Offers N57,000 Minimum Wage

The Organised Labour at the ongoing Tripartite Committee on the National Minimum Wage meeting has reduced its demand from 615,000 Naira to 497,000 naira.

 

This is in a bid to shift ground so as to ensure speedy conclusion of negotiation on new national Minimum Wage.

 

According to reports, the federal government team is did up the offer to 57,000 Naira, complaining of non-availability of fund and the inability of the private sector to pay.

 

Meanwhile, the private sector has also made additional 3,000 naira, taking up its offer to 57,000 naira from the initial 54,000 naira that was proposed.

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