Tag
MINIMUM WAGE
The Manufacturers Association of Nigeria (MAN) has asked the federal government to address the concerns raised by the organised private sector during the new minimum wage negotiation to enable them to implement the new minimum wage agreement.
President Bola Tinubu approved a new minimum wage of N70,000 for Nigerian workers, with a commitment to review this amount every three years.
President Tinubu has approved a N70,000 minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years.
President Tinubu recently proposed the idea of adjusting wages at shorter intervals of two or three years, instead of every five years.
The President of the National Labour Congress (NLC), Joe Ajaero, has reaffirmed the position of the organized labour of N250,000 minimum wage demand following a meeting with President Bola Tinubu.
Australia's Fair Work Commission has increased its minimum wage to $915.90 per week which already took efffect since July 1, 2024.
The President of the Trade Union Congress (TUC), Festus Osifo, has said that the N250,000 minimum wage proposal by the organized labour is both negotiable and not necessarily cast in stone.
President Bola Tinubu has said that a new minimum wage bill will be sent to the National Assembly for approval as the law for the next five year in Nigeria very soon.
The Nigeria Labour Congress (NLC) has firmly rejected the federal government’s ₦62,000 minimum wage proposal, insisting on a minimum of ₦250,000.
The way I see this situation is like watching a sinking ship from the shore, with people frantically bailing out and searching for lifeboats to abandon ship.
Most civil servants in the FCT cannot afford the high cost of accommodation in Abuja; so they must live on the outskirts such as Kuje, Lugbe, Mararaba, Masaka, Suleja, etc.
The federal government has raised its proposed national minimum wage to N62,000 from previously rejected N60,000, following extensive deliberations with the organized private sector.