The Nigerian government increased its minimum wage offer to N62,000 while labor proposed N250,000, highlighting differences in the ongoing dispute. This article explores the rationale, implications, and potential impact of a significant minimum wage increase on the economy and workers.
After...
President Tinubu's government proposes a substantial ₦105,000 new monthly minimum wage for Nigerian workers, aiming to boost purchasing power and address economic challenges, pending stakeholder consultations and potential debates.
Minister of Finance and Coordinating Minister of the Economy...
Following the suspension of a nationwide strike, President Bola Tinubu has given Finance Minister Wale Edun a 48-hour deadline to present a new minimum wage proposal. The fast-tracked timeline has sparked mixed reactions, with some expressing skepticism about the ability to craft a meaningful...
The Nigerian Federal Government proposes a new minimum wage of N54,000 amid ongoing negotiations with labor unions, who demand N615,000. The meeting adjourned to May 22 as the NLC and TUC pushed for a resolution by May 31, citing increased living costs and economic challenges.
The Federal...
The Federal Government has finally reached an agreement on the adjustment formula for the implementation of the new minimum wage.
The agreement reached late Thursday night was made known by Festus Keyamo, the Minister of State for Labour and Employment.
This is after several attempts by the...
Zainab Ahmed, the minister of finance, says National Youth Service Corps members will receive the new minimum wage as allowance. Speaking on Thursday while intimating the press on the activities of her ministry, Ahmed said the federal government is working out the modalities of the new minimum...
The Governors of Ekiti, Ondo, Kwara and Benue have assured workers in their states of their readiness to pay the N30,000 new minimum wage – Governor Fayemi said his government would pay the new minimum wage for effective and efficient service delivery – His Ondo counterpart, Rotimi Akeredolu...
Federal Government on Wednesday confirmed its resolve to reconvene the negotiation on the new national minimum wage on Thursday, 4th October, 2018. The negotiation is expected to end on Friday, 5th October, 2018.
The meeting is scheduled to take place at Transcorp Hilton hotel, …
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There is growing concern among workers in the country as to whether government will fulfil its promise of implementing a new minimum wage with just a month to the September proposed commencement date.
For workers excited about a new minimum wage (NMW) coming into …
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The Federal Government will expedite action to ensure that a new minimum wage is ready by the second quarter of the year, Vice President Yemi Osinbajo has promised.
At the 2018 May Day celebration in Abuja.....
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President Muhammadu Buhari on Thursday approved the appointment of a 30-member tripartite National Minimum Wage Committee for the negotiation of a new National Minimum Wage.
The Committee will be inaugurated on Monday 27th November, 2017 at the Council Chambers, Aso Rock Presidential Villa...
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The Nigeria Labour Congress (NLC) will soon propose a new minimum wage to the federal government following the decline in the value of naira, the Secretary General, Nigerian Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN), Comrade Issa Aremu, has said.
Aremu spoke yesterday...
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