Negotiation has come to a stop as Federal Government releases new minimum wage

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After the long battle between the Federal Government and the Nigerian Labour Congress over the new national minimum wage, the negotiation has come to an halt as the Federal Government has come to the conclusion that it can not afford more than N25,000 per month as the new minimum wage.

The organized labor and Organized Private Sector (OPS) have refused to accept the figures tendered by the Federal Government and are insisting on N30,000 minimum wage per month.

The Federal Government had earlier presented N21, 700 per month as new national minimum wage to the other social partners when the tripartite committee resumed sitting on Thursday, October 4th.


But not happy with what the Federal Government had presented despite the high cost of living in the country at the moment, the organized labor and Organized Private Sector (OPS), reportedly reached an accord, increasing their earlier figure to N40,000 from N25, 000



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