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    MarketForces Africa » MarketForces News » Minimum Wage: FG Shifts Ground on N60,000

    Minimum Wage: FG Shifts Ground on N60,000

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 4, 2024 News No Comments2 Mins Read
    Minimum Wage: FG Shifts Ground on N60,000
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    Minimum Wage: FG Shifts Ground on N60,000

    The Federal Government says, in the national interest, it is ready to offer higher than N60,000 national minimum wage it earlier proposed to the tripartite committee deliberating on the issue.

    The government decision was disclosed at a meeting of the committee convened Monday night by the Secretary to the Government of the Federation, after the organised labour embarked on indefinite strike to press its demand on the national minimum wage.

    In a circular jointly issued by the committee members at the end of the meeting, and made available to newsmen, it was disclosed that President Bola Tinubu expressed his commitment to a national minimum wage that is higher than N60,000”

    “Arising from the above, the Tripartite Committee is to meet every day for the next one week with a view to arriving at an agreeable national minimum wage”

    ” Labour in deference to the high esteem of the President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria’s commitment in above undertakes to convene a meeting of its organs immediately to consider this commitment.

    “The committee also resolved that no worker will be victimised as a result of the industrial action,” the circular read in part

    In attendance at the meeting were: Mohammed Idris, Minister of Information and National Orientation, Nkeiruka Onyejeocha, Minister of State for Labour and Employment.

    For the Organised Labour: Joe Ajaero, President, Nigeria Labour Congress (NLC), Festus Osifo, President, Trade Union Congress (TUC)

    It will be recalled that following the negotiation by the tripartite committee on national minimum wage and subsequent withdrawal of Labour from negotiation and it’s indefinite strike, the government had convened the meeting with labour. Minimum Wage: FG Shifts Ground on N60,000

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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