56,000 Naira Minimum Wage Implementation Begins From July - FG
The new minimum of 56,000 naira may start from July this year.
Nigeria’s minister of Labour and Employment, Chris Ngige told the labour union on Monday that the implementation of the new national minimum wage would commence in the third quarter of this year.
According to Ngige, the negotiation committee has received memoranda from those involved in the process.
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“Well, we all know the economic situation of the country as of today. The negotiation committee has members from all the tripartite bodies, which means the government cannot force its way.
“The committee has received memoranda from all the critical stakeholders and should begin the implementation of a new minimum wage in the third quarter of this year,” said Ngige while speaking at the 40th anniversary celebration of the Nigeria Labour Congress in Abuja.
Recall that early this month, the Federal Government said it would prepare a supplementary budget to take care of workers’ demand for increase in salaries when the new minimum wage proposal was eventually approved.
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