Economy
Tinubu Approves Inauguration Of Committee On New Minimum Wage
The government of President Bola Tinubu has authorized the formation of a tripartite committee to investigate the introduction of the new minimum wage for Nigerian laborers.
This was revealed in a letter from George Akume, the Secretary to the Government of the Federation (SGF), to Comrade Ambali Akeem Olatunji of the Nigeria Labor Congress (NLC).
The letter is headed “Inauguration Of The Tripartite Committee On National Minimum Wage” and is dated January 23, 2024.
It says, “I am writing to let you know that the Tripartite Committee on National Minimum Wage has been formally constituted by Mr. President.”
The inauguration is scheduled for Tuesday, January 30, 2024, at precisely 12:00 PM at the Council Chamber, Presidential Villa, State House, Abuja.
Members must take their seats by 11:30 a.m. Please take note of
that starting at 10:00 am, a shuttle bus will be available at the pilot gate to transport members to the location.
Nationwide labor unions have been demanding a new federal and state minimum wage for employees.
The withdrawal of the Premium Motor Spirit (PMS), or gasoline, subsidy after Tinubu took office and growing inflation have prompted labor groups to threaten a confrontation with the government.
For example, labor leaders demanded in June 2023 that the government raise the minimum salary from N30,000 to N200,000 in order to reflect the current state of the economy.
April 2019 saw a review of the minimum wage, which was raised from N18,000 to N30,000.
For Diaspora Digital Media Updates click on Whatsapp, or Telegram. For eyewitness accounts/ reports/ articles, write to: citizenreports@diasporadigitalmedia.com. Follow us on X (Fomerly Twitter) or Facebook