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

Court adjourns Yahaya Bello’s trial till Nov 27

Court adjourns Yahaya Bello’s trial till Nov 27 The Economic and Financial Crimes Commission (EFCC)…

21 mins ago

We are understaffed, ICPC boss laments

We are understaffed, ICPC boss laments Musa Adamu Aliyu, the Chairman of the Independent Corrupt…

25 mins ago

Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name

Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name Edo State Governor, Monday Okpebholo, has directed…

33 mins ago

Wike claims Adeyanju became activist after he rejected request to be PDP Publicity Secretary

Wike claims Adeyanju became activist after he rejected request to be PDP Publicity Secretary Minister of…

49 mins ago

VeryDarkMan to Falana: I won’t apologise to anybody

VeryDarkMan to Falana: I won’t apologise to anybody Ahead of the court hearing of a defamation…

57 mins ago

Court adjourns Falana’s suit against VeryDarkMan to January 2025

Court adjourns Falana’s suit against VeryDarkMan to January 2025 An Ikeja High Court on Thursday…

1 hour ago