BREAKING: Tinubu’s Govt To Pay N794,000 As New Minimum Wage? NLC Gives Update

The 37-member tripartite committee on minimum wage set up by President Bola Ahmed Tinubu’s led federal government will reconvene mid-April. The purpose of the April meeting is to continue further negotiations and consultations on the new minimum wage expected to be announced by President Tinubu on May 1, 2024....READ FULL ARTICLE

Speaking with The Punch on Sunday, March 31, in Abuja, the national treasurer of the Nigeria Labour Congress (NLC), Hakeem Ambali, who is also a member of the tripartite committee, confirmed this development.

According to Ambali, the committee members are still collating and analyzing the reports received from the zonal public hearings.

The minimum wage to be unveiled is expected to cushion the effects of the removal of subsidy on Premium Motor Spirit, Daily Nigerian reported.

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During the public hearings held across the six geo-political zones of the country between Wednesday, March 27, and Thursday, March 28, different zones suggested different amounts for minimum wage.

But Joe Ajaero, the president of the NLC, had called for a market survey before the workers would reach a consensus on the new minimum wage.

However, the demands of the NLC in six states in the northeast differ from those of the southwest states. In Lagos, the southwest chapter asked for N794,000 as the new minimum wage.

Speaking on the outcome of the recently held meeting, Ambali simply said:

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“We have been compiling and analysing zonal reports. The date fixed for the next meeting of the FG’s committee is Mid-April.”

Meanwhile, President Tinubu, through Vice President Kashim Shettima, on January 30, 2024, set up the 37-member panel, to recommend a new national minimum wage for the country.

However, the demands of the NLC in six states in the northeast differ from those of the southwest states. In Lagos, the southwest chapter asked for N794,000 as the new minimum wage.

Speaking on the outcome of the recently held meeting, Ambali simply said:

“We have been compiling and analysing zonal reports. The date fixed for the next meeting of the FG’s committee is Mid-April.”

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Meanwhile, President Tinubu, through Vice President Kashim Shettima, on January 30, 2024, set up the 37-member panel, to recommend a new national minimum wage for the country.

TheNGblog earlier reported that Shehu Sani, a former federal lawmaker, questioned the possibility of fulfilling the payment of a N794,000 minimum wage in Nigeria.

Via a tweet on his verified page on Friday, March 8, Sani pointed out that even with N30,000 minimum wage, “many states are still struggling to pay salaries”.

The Peoples Democratic Party (PDP) member said how the “N700,000 minimum wage” proposed by the NLC will be paid should be debated....READ FULL ARTICLE