New minimum wage: FG offers N62,000, labour drops demand to N250,000

The federal government’s new national minimum salary is now N62,000 instead of N60,000.

Organised labour did this following their reduction in demand from N494,000 to N250,000.

The Tripartite Committee on New National Minimum Wage has adjourned because no consensus was reached during the meeting.

The government and the organised private sector agree on the N62,000 offer.

Details shortly.

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