HomeEconomy & BusinessBREAKING: New Minimum Wage Set To Be Unveiled

BREAKING: New Minimum Wage Set To Be Unveiled

A harmonised new minimum national wage may be ready on or before President Bola Tinubu’s first anniversary on May 29.

A source in the Office of the Secretary to the Government of the Federation (OSGF) which made this known to DECENCY GLOBAL NEWS, said the new wage would meet the nation’s current economic reality.

The government’s representatives on the Bukar Goni Aji-led tripartite committee met yesterday to consider the proposals presented by the Organised Labour on the issue.

The source, who did not divulge specific information from the meeting, said: “They want to ensure that there’s a reasonable, realistic minimum wage. They’ll be having another meeting in another few days and that’s because they want to ensure that something happens on or before May 29.

“The way the discussions are going, the focus is to ensure that Nigerian workers have something reasonable to meet the economic reality of now. This is one of the things the members are harping on.

“I am sure before or on May 29, they should be able to come up with something reasonable that will gladden the hearts of Nigerians.”

Vice President Kashim Shettima inaugurated the tripartite committee on January 30 at the State House, Abuja.

The committee has federal and state governments, Organised Labour, and the private sector representatives as members.

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