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Nairametrics
Home Business News

All set for FG to announce new minimum wage -Labour Union

Damilare Famuyiwa by Damilare Famuyiwa
October 8, 2018
in Business News, Politics
Manufacturers Spend N3.5 Trillion To Power Generators Annually – NLC Boss
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The President of Nigeria Labour Congress (NLC), Ayuba Wabba has disclosed that the Federal Government will anytime from now, announce the new minimum wage.

Wabba said “I want to assure workers that all has been concluded and will be passed for signing within the week.”

While making the disclosure, Wabba said the Tripartite Committee has completed its assignment for onward submission to President Muhammadu Buhari.

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“I also want to appreciate the Organised Private Sector, Manufacturers Association of Nigeria and Nigeria Employers Consultative Association for their resolve to pay the new minimum wage when it is signed into law,” he added.

The NLC maintained that the Tripartite Committee spent two days to reconvene and deliberate on a new minimum wage that was acceptable to all employers of labour in the country.

Recall that the Labour Union had given the Federal Government a 14-day ultimatum to ensure the completion of works on the implementation of the new national minimum wage or risk unprecedented industrial unrest.

The labour unions gave the warning at the end of a joint briefing in Lagos. The union leader threatened that they could no longer guarantee industrial peace in the country at the expiration of the ultimatum.

To effect the warning, the leaders of NLC, Trade Union Congress of Nigeria (TUC), and United Labour Congress of Nigeria (ULC) commenced a nationwide strike on Thursday, September 27, 2018.

The nationwide action, as reported by Nairametrics, was to compel the President Muhammadu Buhari-led administration to increase workers minimum wage.

Nairametrics had also reported that the Federal Government’s new minimum wage suffered a major setback. This was confirmed by the Minister of Labour and Employment, Chris Ngige who had earlier announced when the new minimum wage will commence.

During the 40th anniversary of Nigeria Labour Congress (NLC) in Abuja, the minister had said that the minimum wage would commence before the end of September 2018, with claims that workers will experience a surge in their wages.

According to Ngige, the new wage structure will not commence anytime soon as earlier announced. He added that the setback was because State Governors are yet to submit their proposal on a new wage system.


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Tags: Ayuba WabbaLabour UnionNew minimum wageNLC
Damilare Famuyiwa

Damilare Famuyiwa

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

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