News

BREAKING: FG increases minimum wage offer to ₦62,000

BREAKING: FG increases minimum wage offer to ₦62,000

The Federal Government has increased its offer of a new national minimum wage to N62,000, while organized labour has reduced its demand from N494,000 to N250,000.

According to Punch, a source confirmed the development to the Newspaper on Friday night.

Already the Tripartite Committee on New National Minimum Wage has adjourned as there was no consensus at the meeting.

The organized private sector also backed the government offer of N62,000.

READ ALSO:

Earlier, Governor Hope Uzodinma of Imo State confirmed that the Tripartite Committee on the minimum wage is close to a consensus.

Speaking on Friday after the committee’s meeting, Uzodinma said: “We had a very fruitful deliberation and of course you know it is a technical subcommittee of a committee.

“And at the level of the committee, we have reached near consensus and by the time we go to the plenary, we will have a complete agreement and maybe from there, the media can start their job. As it is now, I think we are better off than we were.”

BREAKING: FG increases minimum wage offer to ₦62,000

Trends Admin

Recent Posts

US University opens 2025 scholarships for international students

US University opens 2025 scholarships for international students Montana Technological University (Montana Tech) has opened…

13 hours ago

200,000 repentant terrorists surrender, drop arms in North East – CDS

200,000 repentant terrorists surrender, drop arms in North East – CDS The Chief of Defence…

13 hours ago

Canadian university offers funded national scholarship program for 2025

Canadian university offers funded national scholarship program for 2025 Western University has announced that applications…

13 hours ago

Israeli strikes pound central Beirut, suburbs

Israeli strikes pound central Beirut, suburbs BEIRUT: Israeli strikes pounded a densely-populated part of the Lebanese…

13 hours ago

Robbers kill two members in shoot-out with Delta police

Robbers kill two members in shoot-out with Delta police The spokesperson for the police in Delta…

14 hours ago

Akwa Ibom businessman abducted, driver killed, police orderly injured

Akwa Ibom businessman abducted, driver killed, police orderly injured Gunmen kidnapped a prominent businessman, Dr. Samuel…

14 hours ago