BREAKING NEWS: New Minimum Wage Pegged At N27,000, FG To Pay N30,000

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PRESIDENT BUHARI PRESIDES OVER COUNCIL OF STATE MEETING . L-R; Former Head of State, General Olusegun Obasanjo, Former Head of Intrim Government, Chief Ernest Shonekan, Former Head of State General Abdulsalami Abubakar, Former Head of State Dr Goddluck Ebele Jonathan and Former Chief Justice of the Federation, Hon Justice Muhammadu Uwise during the Council of State Meeting held at the Council Chambers, State house Abuja.

The National Council of State (NCS), Nigeria’s highest decision making body has approved N27,000 as the new national minimum wage for Nigerian workers.

Before the increase to N27,000, Nigerian workers have been on N18,000 minimum wage. The increase is 50%.

NCS comprised the president, Vice President, Senate President, Speaker of the House of Representatives, Chief Justice of Nigeria, (CJN), former presidents/heads of state and retired CJNs.

Minister of Labour, Chris Ngige said the Federal government has agreed to pay its worker N30,000 while states, local government and the private sector are to pay N27,000 or more depending on their negotiating powers.

With the new arrangement, no tier of government or private company is expected to pay its worker less than N27,000.

The bill to that effect is to be sent to the National Assembly at a yet to be determined date.

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