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Government and Labour to Discuss New Minimum Wage in March
Government And Labour To Discuss New Minimum Wage In March
Federal Government and Labour Unions Set to Discuss New Minimum Wage in March, Announces Information Minister…..CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
The Minister of Information and National Orientation, Alhaji Mohammed Idris, revealed that the Federal Government will initiate discussions on the new minimum wage with labour unions in March. This announcement was made during the 21st Daily Trust Dialogue and the presentation of the 2023 African Award of the Year in Abuja, where the theme was ‘Tinubu’s Economic Reforms: Gainers and Losers,’ organized by the Media Trust Group.
Alhaji Idris explained that following the removal of fuel subsidy, President Bola Tinubu initially pledged a N25,000 wage award to workers to mitigate the impact of the subsidy removal. However, after negotiations with Labour, an agreement was reached for a N35,000 wage award, which President Tinubu committed to paying for six months, from September 2023 to February 2024.
He stated, “After the payment of the wage award for six months, in March, the government and Labour will come together again to deliberate on a new minimum wage for workers.” Emphasizing the intention of President Tinubu to address the welfare and well-being of all Nigerians, Alhaji Idris urged Nigerians to give President Tinubu the time needed to implement measures for the country’s improvement.
The upcoming discussions in March mark a crucial step in determining the new minimum wage for workers, reflecting the government’s commitment to addressing economic reforms and ensuring the welfare of Nigerian citizens.
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