• Contact Us
  • About Us
Tuesday, August 4, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Minimum Wage: Labour calls off planned strike as FG bows to N30,000 demand

metro by metro
November 6, 2018
in Economy
0
0
SHARES
0
VIEWS

Labour leaders, who have called off a planned nationwide strike, have agreed a new national minimum wage at the end of negotiations with a Tripartite Committee, set up by the Federal government.

The agreed figure will be kept under wraps until 4.15 pm on Tuesday, when it will be revealed in a report to be presented to President Muhammadu Buhari.

Read Also

Oyedele Justifies Nigeria’s Reforms Amid Worsening Living Conditions, Says Subsidy Savings Absorbed By Debt Costs, Higher Spending

Food Inflation, Geopolitical Risks, Others May Push CBN Towards Another Rate Hold – FDC, CIBN

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

Mr Ayuba Wabba, President of the Nigeria Labour Congress, spoke to newsmen at the end of the Tripartite Committee meeting on the new National Minimum wage meeting on Tuesday in Abuja.

He said the National Minimum Wage Negotiating committee has concluded its assignment and agreement has been reached and also documents have been signed.

“The report will be submitted to Mr President by today and therefore, having reached this position, the Organised Labour also decided that the proposed strike is hereby suspended.

” Therefore, we thought this should be communicated appropriately without also divulging this information as mutual agreement has been reached,” he said.

Ms Amma People, Chairman of the Tripartite Committee also noted that the assignment of the committee has been concluded.

“We are going to present our report to Mr President today at 4:15 ,pm and he will reveal the figure that we have recommended, ” she said.

Mr Boss Mustapha, Secretary of the Government of the Federation commended members of the committee for their time and commitment on the processes of recommending the new minimum wage.

“I am confident that government will give expeditious consideration of the report when submitted tomorrow to Mr President. And very soon the processes will be put in place to truly actualise your recommendations so that the status of our working populace will be enhanced and they would receive appropriate and commensurate payments for the services they offer to our nation and to the different sectors of our economy, ” he said.

The News Agency of Nigeria (NAN) reports that the organised Labour had threatened to commence nationwide strike on Nov. 6 over government rejection of a N30,000 minimum wage. Government offered N24,000, which labour also rejected.(NAN)

Tags: minimum wage
Previous Post

TraderMoni: Osinbajo, Ambode, Sanwo-Olu monitor scheme in Lagos

Next Post

Consumer goods lift trading by 0.33% at NSE

Related Posts

Ahead Of Agreed Minimum Wage, President Tinubu To Send Bill To NASS, Takeaways From Anniversary Broadcast
Economy

Oyedele Justifies Nigeria’s Reforms Amid Worsening Living Conditions, Says Subsidy Savings Absorbed By Debt Costs, Higher Spending

July 30, 2026
CBN
Economy

Food Inflation, Geopolitical Risks, Others May Push CBN Towards Another Rate Hold – FDC, CIBN

July 19, 2026
Elumelu Meets Tinubu In Aso Villa, Says President’s Policies For Nigerians’ Interests
Economy

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

July 1, 2026
Economy

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

July 1, 2026
Next Post

Consumer goods lift trading by 0.33% at NSE

US Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks

US Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks

August 3, 2026
Anger As Fuel Consumption Drops From 64.9m To N52m Daily After Subsidy Removal

NNPC Issues Another Tender To Sell Cawthorne Crude

August 3, 2026
Oil Prices Up After OPEC+ Maintains output Cuts, But Shaky Demand Caps Gains

Petrol Prices May Fall  In Nigeria As Trump Eases Iran Tensions

August 3, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version