The Guardian
Email YouTube Facebook Instagram Twitter WhatsApp

FEC to consult NEC on minimum wage tomorrow

Related

[FILES] President Buhari with Minister of Justice Abubakar Malami, Minister of Agriculture Audu Ogbeh and Minister of Budget and National Planning Sen. Udoma Udo Udoma as he presides over Federal Executive Council (FEC) Meeting in State House on October 24, 2018. PHOTO: PHILIP OJISUA

Controversies dogging the new national minimum wage of N30,000 may not be laid to rest anytime soon, as the Federal Executive Council (FEC) will consult with the National Economic Council (NEC) tomorrow at meeting on the matter.

The resolution to meet with governors was reached yesterday at an extra-ordinary FEC session presided over by President Muhammadu Buhari at the Presidential Villa, Abuja.

The expanded session is expected to further collate inputs from NEC, which comprises all serving state governors.

While organised labour and Federal Government officials settled for N30,000 as the minimum pay, there had been no agreement on the source of funds to meet the wage increment.

Specifically, some state governors had insisted that they could not pay the proposed new wage unless the Federation Account Allocation formula is reviewed to give more earnings to states.

Prior to when the National Tripartite Committee headed by former Minister of Housing and Urban Development, Ama Pepple, presented its recommendations to the executive, the Nigerian Governors Forum (NGF) had said they could only afford to pay N22,500.


Receive News Alerts on Whatsapp: +2348136370421

No comments yet