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FG, Labour finally Agree on N30,000 Minimum Wage Implementation

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FG, Labour finally Agree on N30,000 Minimum Wage Implementation

In what appears to be a relief to both the government and

organized labour, both parties have come to an agreement at last

on the issue of the implementation of the new minimum wage, a

battle which has been raging for quite a while now.

The discussion for the new minimum wage began in the second

half of Buhari’s first tenure and spilled into his second term as the

implementation had been a bone of contention between the two

parties.

At the meeting on Thursday, the third of such this week, both

sides finally agreed on the percentage increase for grade levels

seven to 17.

The agreed terms are as follows:

COMES wage structure

Grade level seven= 23 percent, level 8=20 percent, level 9=19 percent, level 10 -14 = 16 percent, level 15-17=14 percent.

CONHES, CONRRISE, CONTISS, etc

Level 7= 22.2 percent

Level 8-14 = 16 percent

Level 15-17 = 10.5 percent

The meeting also increased the salaries of military and

paramilitary officers, but the percentages were kept confidential.

Announcing the agreement, the Minister of Labour for State,

Festus Keyamo made the announcement via his twitter account

saying, ‘After some delicate negotiations (with both Ministers as

conciliators) Government & Labour have finally reached an

agreement on the consequential adjustments of other wages

following the implementation of the enhanced minimum wage of

N30,000. We are now working on the communique’

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