FG proposes N62,000 minimum wage, labour demands N250,000

The Federal Government has increased its offer of a new national minimum wage to N62,000, while organized labour has reduced its demand from N494,000 to N250,000.

The Tripartite Committee on New National Minimum Wage met today and  adjourned its meeting as there was no consensus reached.

The organized private sector also backed the government’s offer of N62,000.