The Federal Executive Council (FEC) has postponed the decision on the new minimum wage.
Plateau News reports that the Minister of Information and National Orientation, Mohammed Idris, disclosed this update while addressing State House Correspondents on Tuesday.
The Federal Executive Council (FEC) has deferred the decision on the new minimum wage.
Minister of Information and National Orientation, Mohammed Idris, revealed this after a session where 39 agenda items were discussed, leaving the minimum wage item pending.
Idris explained that the delay is due to the involvement of multiple stakeholders, including local governments, states, the Federal Government, the Organized Private Sector, and labor unions.
A report by the Tripartite Committee, which represents these stakeholders, had been submitted, but the Council decided to allow President Bola Tinubu more time for extensive consultations before making a final submission to the National Assembly.
In related news, Organized Labour has urged President Tinubu to approve a ₦250,000 minimum wage to address the current inflationary pressures in Nigeria.
Adewale Adeyanju, a member of the labor negotiating team and President-General of the Maritime Workers Union of Nigeria (MWUN), criticized state governors for hindering efforts to achieve a reasonable wage.
He highlighted the ongoing negotiations where figures were being debated, emphasizing the urgent need for a substantial wage increase reflective of the economic situation.