News

NLC says the 35000 wage stays until new minimum wage

today01/16/2024 2

Background
share close

NLC President, Joe Ajaero has said that the provisional salary package will be in effect until a minimum new wage as it will aid cushion the impact of the elimination of fuel subsidies.
Ajaero disclosed this while speaking against the backdrop of the wage award payment and nothing that the payment would run for only six months before the commencement of the national minimum wage.
He added that the organised labour did not sign a six-month wage award with the federal government but a wage award that will be in existence until the new minimum wage is determined.
The NLC president further disclosed that they are in the process of collating the compliance of the federal government on the payment of the wage award, and have even had a conversation with the leadership of the Trade Union Congress(TUC).
Recall that President Bola Tinubu, on October 1, 2023, approved N35,000 as the provisional wage increment for all treasury-paid workers for six months and had only paid two months.

Written by: bossgmsi

Rate it

Previous post

Business

Nigeria’s inflation rises to 28.92 percent for the twelfth time.

Nigeria’s headline inflation has increased to 28.92 per cent in December from 28.20 per cent in November. The National Bureau of Statistics disclosed its consumer price index and the CPI report for December on Monday. The figure represents the twelve consecutive times the country’s inflation soared in 2023. Looking at the movement, the December 2023 headline inflation rate showed an increase of 0.72 percent points when compared to the November […]

today01/15/2024 4

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

0%
Our customer support team is here to answer your questions.
error: Alert: Content is protected !!