Breaking: FG, Labour agree on figure for new National Minimum Wage - Report Minds Breaking: FG, Labour agree on figure for new National Minimum Wage | Report Minds

Breaking: FG, Labour agree on figure for new National Minimum Wage

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Ayuba Wabba, the President of the Nigeria Labour Congress, spoke to newsmen at the end of the Tripartite Committee meeting on the new National Minimum Wage on Tuesday in Abuja

Labour leaders, who have called off a planned nationwide strike scheduled to begin on Tuesday, have agreed a new National Minimum Wage at the end of negotiations with a Tripartite Committee set up by the Federal Government.
The agreed figure will be kept under wraps until 4.15pm on Tuesday, when it will be revealed in a report to be presented to President Muhammadu Buhari.
Ayuba Wabba, the President of the Nigeria Labour Congress, spoke to newsmen at the end of the Tripartite Committee meeting on the new National Minimum Wage on Tuesday in Abuja.

Wabba said the National Minimum Wage negotiating committee has concluded its assignment and an agreement has been reached and also documents have been signed.
He said: “The report will be submitted to Mr. President by today and, therefore, having reached this position, the Organised Labour also decided that the proposed strike is hereby suspended.

“Therefore, we thought this should be communicated appropriately without also divulging this information as mutual agreement has been reached.”


Amma People, Chairman of the Tripartite Committee, also noted that the assignment of the committee has been concluded.
People said: “We are going to present our report to Mr. President today at 4:15pm and he will reveal the figure that we have recommended.”

Boss Mustapha, Secretary of the Government of the Federation, commended members of the committee for their time and commitment on the processes of recommending the new minimum wage.

Mustapha said: “I am confident that government will give expeditious consideration of the report when submitted tomorrow to Mr. President.
“And very soon, the processes will be put in place to truly actualise your recommendations so that the status of our working populace will be enhanced and they would receive appropriate and commensurate payments for the services they offer to our nation and to the different sectors of our economy.”
Organised Labour had threatened to commence a nationwide strike on November 6 over government’s rejection of a N30,000 minimum wage.
Government offered N24,000, which labour also rejected.

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