New minimum wage: Nigerian Government Raises Minimum Wage Offer to N62,000

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New minimum wage
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The Nigerian government has offered to raise the minimum wage to N62,000, up from an earlier offer of N60,000. The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have also reduced their demands from N494,000 to N250,000.

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However, no agreement was reached, and the Tripartite Committee on the New National Minimum Wage has adjourned. The organized private sector supports the government’s proposal, and Imo State Governor Hope Uzodimma mentioned that the committee is nearing a final agreement.

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Hope Uzodimma claimed that the Tripartite Committee on the Minimum Wage is close to agreeing on a new national minimum wage.

He disclosed this after emerging from the committee meeting on Friday in Abuja.

“We had a very fruitful deliberation, and of course you know it is a technical subcommittee of a committee.

“And at the level of the committee, we have reached near consensus, and by the time we go to the plenary, we will have a complete agreement, and maybe from there the media can start their job.

“As it is now, I think we are better off than we were,” Uzodimma said.

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