New minimum wage will be arrived at soon - Federal government assures

New minimum wage will be arrived at soon - Federal government assures

- The federal government will arrive at a definite figure on the new minimum wage that Nigerians are craving for

- The minister of labour and employment, Chris Ngige, described the two-week ultimatum given to the federal government by labour union as blackmail

- According to him, the government must consider the country's economic situation and the ability of state governors to pay the new minimum wage

The federal government on Thursday, September 13, said it would come out with a definite figure on the new minimum wage, which will be payable by both the governments and the private sector.

According to the government, the figure may not be above N25,000. It said the benchmark was being considered so as not to cause unemployment, adding that if it goes beyond that, many workers in the private sector may lose their job, Vanguard reports.

NAIJ.com gathered that this was stated at a news conference in Abuja by the minister of labour and employment, Chris Ngige.

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Ngige expressed displeasure over the two-week ultimatum given to the federal government by labour union. The minister said the ultimatum was a blackmail.

He said he and chairman of the committee on the new minimum wage and former head of service of the federation, Amma Pepple, would brief President Muhammadu Buhari on Friday, September 14, on the progress so far made by the committee.

According to the minister, work of the committee, including a draft bill to be sent to President Buhari and subsequently to the National Assembly and all other work of the committee, are ready except the issue of a particular figure to be agreed upon.

He said the government must put into consideration the economic situation in the country and the ability of state governors to pay the agreed figure.

According to him, organised labour made a presentation of N56,000 as its demand at first, but withdrew it and made another presentation of N65,000. The organised private sector on its own part made a presentation of N42,000 and later withdraw it for lower presentation of N25,000.

He said: “If we arrive at a figure that is not implementable, what then is the essence of negotiation. We don’t want people to renege on the agreement when we finally come up with something. That is why the President insisted that the governors must be part of the process. They had complained that they were not part of the last process."

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Meanwhile, NAIJ.com previously reported that the federal government on Monday, August 13, assured Nigerians and the labour workforce that the new minimum wage would begin by the end of September.

The minister of labour and employment, Chris Ngige, said federal government would announce the new minimum wage before the end of the third quarter, which is September.

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Source: Naija.ng

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