Afrigather - President Bola Tinubu has disclosed the completion of negotiations on the brand new minimal wage with organised labour and the personal sector
- The president, in his deal with on Democracy Day, mentioned an government invoice would quickly be despatched to the Nationwide Meeting to enshrine the brand new minimal wage into the Nigerian legislation
- Nonetheless, Tinubu didn’t point out what was agreed upon, however the minimal wage might be pegged at N62,000, which was earlier tabled earlier than him by the Tripartite committee
Aso-Rock, Abuja – President Bola Tinubu has mentioned that he’ll quickly ship the invoice on the brand new minimal wage to the Nationwide Meeting. That is a part of the legislation that may decide what staff will earn for the following 5 years or much less.
Tinubu, in a televised deal with to Nigerians on Wednesday, June 12, monitored by TheTalk.NG, mentioned what will likely be despatched to the nationwide meeting as the brand new minimal wage was what has been agreed upon with organised labour.
Tinubu to ship minimal wage invoice to the Nationwide Meeting
Picture Credit score: @officialABATSource: Twitter
Has Tinubu introduced new minimal wage?
Nonetheless, the president didn’t announce the brand new minimal wage. The Tripartite Committee, comprising the federal authorities staff, organised labour and the personal sector, have agreed on N62,000, which was tabled earlier than him.
If the president was referring to what has been tabled earlier than him, which means the brand new minimal wage will likely be pegged at N62,000.
In his deal with to Nigerians on Democracy Day on Wednesday morning, the president disclosed his conclusion on the brand new minimal wage and the plan to ahead the Tripartite Committee report back to the nationwide meeting.
Why Nigeria’s financial system is having downside, Tinubu
Throughout the speech, Tinubu mentioned the nation’s financial system had been in determined want of reform for many years, and unbalance existed due to its flawed basis, which is the overreliance on revenues from oil exploitation.
His assertion reads partially:
“We’ve got negotiated in good religion and with open arms with organized labour on a brand new nationwide minimal wage. We will quickly ship an government invoice to the Nationwide Meeting to enshrine what has been agreed upon as a part of our legislation for the following 5 years or much less.”
Supply: TheTalk.NG
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