Organized Labour Bows, Agrees On N70,000 New Minimum Wage

By Ayodele Oni

The Federal Government and the Organized Labour have agreed on N70,000 as the new National Minimum Wage.

This was the outcome of the Thursday meeting between President Bola Tinubu and leadership of the Organized labour, which took place at the Presidential Villa, Abuja.

Briefing State House correspondents on the agreement, the Minister of Information, Alhaji Muhammad Idris, said the President said the government would make massive investments in facilities that would make life better for Nigerian workers.

The Nigeria Labour Congress ( NLC) and the Trade Union Congress, (TUC) had earlier insisted that the new minimum wage should not be less than N250,000.

With the latest agreement, brokered by President Tinubu, the bill for a new minimum wage is expected to be sent to the National Assembly.