Oyo opens negotiations on minimum wage

This picture taken on January 29, 2016 in Lagos shows 1000 naira banknotes, Nigeria's currency. Nigeria's central bank governor, Godwin Emefiele, on January 26 dismissed calls to devalue the naira in his monetary policy committee statement. Instead he chose to continue propping up the currency at 197-199 naira to the dollar and maintain foreign-exchange restrictions. As a result, the naira on the black market is hovering around a record low of 305, fuelling complaints from domestic and foreign businesses who can't access dollars required for imports. / AFP / PIUS UTOMI EKPEI (Photo credit should read PIUS UTOMI EKPEI/AFP/Getty Images)

The Oyo State Government yesterday said it would meet Labour leaders on Monday to begin negotiation on the minimum wage whilst congratulating the newly elected officers of the Nigeria Labour Congress (NLC) in the state led by Titilola Sodo in an election, which held on Thursday at Adamasingba stadium.

According to a statement from the State’s Information Commissioner, Toye Arulogun, the state government commended the union for a peaceful transition on the same day Governor Abiola Ajimobi inaugurated a joint transition Committee to midwife the handing and taking over the reins of government in the state.

Arulogun disclosed that the government will be meeting labour on Monday to open up discussions on the modalities for implementing the new minimum wage for immediate implementation and commended the state NLC for its cooperation in the last eight years of the Ajimobi administration.

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