Labour, FG reach agreement on N30,000 new minimum wage

October 18, 2019 Emmanuel Ebimoh Hot News, National 0

By Emmanuel Ebimoh

After three days of intense negotiations that ran through nights and ended in the wee hours of mornings between the Federal Government and organised Labour on the implementation of the N30,000 new minimum wage, the two sides have finally reached an agreement.

At a meeting which started by 7pm on Thursday and ended at about 3am on Friday, both sides finally agreed on the percentage increase for grade levels 7 to 17.

The Minister of State for Labour and Employment, Dr Festus Keyamo was the first to disclose the breakthrough in a tweet on his Twitter handle at about 11pm Thursday night.

See his tweets below:

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 pic.twitter.com/P0EjSdUFIj

— Festus Keyamo, SAN (@fkeyamo) October 17, 2019

At about 3am this morning, we signed this Terms of Settlement b/w Govt & Labour which reveals different percentages of adjustments in other wages after the minimum wage adjustment. Those of the law-enforcement agencies have also been done, but are not captured in this Memorandum. pic.twitter.com/OrkNIZ201x

— Festus Keyamo, SAN (@fkeyamo) October 18, 2019

This new development has averted the proposed nationwide strike by workers nationwide which they had planned to embark on if negotiations between the two sides failed.

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