Economy
FG gives update on new minimum wage
Nigeria’s Minister of Labour and Employment, Chris Ngige, has confirmed that the new wage structure will not come into place any time soon.
According to Ngige, this is because State Governors are yet to submit their proposal on a new wage system.
The Minister told reporters in Anambra State that without a proposal from the governors, there cannot be an agreement on a new wage structure.
Ngige is the deputy chairman of the 30-man Tripartite Committee on the minimum wage set up by President Muhammadu Buhari last November.
President Buhari, while inaugurating the panel, said the current wage structure had expired.
The Nigeria Labour Congress (NLC) has proposed a minimum wage of N56,000, but employers under the umbrella of the Nigeria Employers’ Consultative Association, have rejected the proposal.
Ngige said although the Tripartite Commmitte would conclude its assignment this month, the delay by the governors to submit their proposal would halt the action.
He said: “I am the deputy chairman (of the committee); I drive it. We have a timetable and we will finish everything about it this end of August, but it is not attainable anymore because even in the committee we have not all finished dotting all the i’s and agreeing on a figure
“We couldn’t agree on a figure because of two reasons, partly the state governors have not come up with a figure and the state governors are a critical constituent of this discussion. They have six governors in the committee, one from each geo-political zone
“So the Governors Forum has not come up with their figure. They say they are still working on it. That was the last submission they made to us and the federal government team. We are working through the Economic management team.
“The Economic management team dictates the economy of the country and they will now take whatever the governors say and fine-tune with that of the federal government, so that is where we are.
“The national minimum wage tripartite committee is still at work, and is until it brings out its figures, brings out its recommendations pertaining to the national minimum wage. It is only after that that a Bill can be sent to the National Assembly for processing and be sent to Mr. President for assent and for it to become a National Minimum Wage Act.”
“Who did this to you?” – Video of a pregnant lady flaunting her massive baby bump sparks mixed reactions online
DHQ hails Simon Ekpa’s arrest and hopes he will be extradited to Nigeria to face justice
“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)
Diddy claims prosecutors showed judge edited Cassie video to make him look dangerous
“Tinubu Has A Better Policy Document Than Peter Obi, Atiku” – Doyin Okupe says
Five soldiers k!lled, 10 wounded and four missing as Boko Haram attacks troops in Borno
Wizkid’s sister blows hot after being dragged for comparing brother to Albert Einstein
“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert
-
Celebrity Gossip & Gist2 days agoWizkid’s sister blows hot after being dragged for comparing brother to Albert Einstein
-
Celebrity Gossip & Gist16 hours ago“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert
-
Biafra16 hours ago“Simon Ekpa is not our member” – IPOB stated
-
Celebrity Gossip & Gist16 hours agoDiddy claims prosecutors showed judge edited Cassie video to make him look dangerous