National Minimum Wage to be Decreased from N42,000 to N25,000

Filed in News, Salary by on September 17, 2018 0 Comments

According to report reaching us, the Nigerian National Minimum Wage to be Decreased from N42,000 to N25,000.

Workers in Nigeria will from this week know their fate on the proposed Federal government minimum wage as the National Minimum Wage Committee is set to meet with the Economic Management Team (EMT) headed by Vice President Yemi Osinbajo.

Former Minister of Housing and member of the committee, Amma Pepple, while speaking with State House Correspondents on Friday, said the report will be presented to the President very soon as everything is on course.

The Minister of Labour and Employment, Chris Ngige said the organised private sector had initially proposed a figure of N42,000 but later brought it down to N25,000, taking into account the current economic situation, ability to pay and ability to enhance and create new jobs.” Business Day (Monday, 17th September 2018, Page 2) reported.

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