Breaking: Minimum Wage: FG, labour reach agreement
After days of intense negotiations, the federal government of Nigeria and the country’s labour unions have reached a deal on the implementation modality of the new minimum wage. Disagreement over how the new minimum wage law signed by President Muhammadu Buhari in April would be implemented had lingered for months, with organised labour threatening to strike. The Minister for Labour and Employment, Chris Ngige, disclosed news of the much-awaited agreement early Friday morning in Abuja shortly after a government team he led concluded a meeting with labour. The meeting, which began at 8:24pm Thursday, ended 3am Friday The disagreement had centred around the consequential adjustments in salaries that must be implemented across board in line with the new minimum wage law. Labour is demanding a 29 per cent salary increase for officers on salary level 07 to 14, and 24 per cent adjustment for officers on salary grade level 15 to 17. But the federal government offered 11 per c...