The negotiation by the tripartite committee on a new national
minimum wage, 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 has earlier presented N21, 700 per
month as new 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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