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BUSINESS · MINIMUM WAGE

New minimum wage on the way, FG assures  

Workers will get more wages soonest for increased purchasing power and improved standard of living according to the Federal Government.

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Workers in Nigeria will get a new minimum wage to ameliorate their plights, The Federal Government has said.

Permanent Secretary, Federal Ministry of Labour and Employment, Dr Kamil Shoretire, said discussions were underway for a date for official negotiations.

“We are yet to announce the timetable for that, but background discussions are already ongoing.

“When it’s time to get the press involved in what has been proposed and what is being negotiated, it will be revealed to you,” he said.

According to him, the government was also engaging workers in sectors where disputes over salaries and allowances remained unresolved.

The Federal Government in 2024 approved a new minimum wage of N70,000 which Organised Labour has said is grossly inadequate.