The Federal Government has finally reached an agreement on the adjustment formula for the implementation of the new minimum wage.

The agreement reached late Thursday night was made known by Festus Keyamo, the Minister of State for Labour and Employment.

This is after several attempts by the negotiating parties failed to bear yield fruits, six months after President Muhammadu Buhari gave his assent to the N30,000 new minimum wage.

“After some delicate negotiations (with both Ministers as conciliators) Government & Labour have finally reached an agreement on the consequential adjustments of other wages following the implementation of the enhanced minimum wage of N30,000. We are now working on the communique,” Keyamo tweeted Thursday night.

Mr Keyamo provided further information on the agreement which was signed by both parties.

The parties agreed that officers on CONPSS salary structures of level 07 should be adjusted to 23.2 per cent, level 08 gets 20 percent, level 09 was modified to 19 percent, level 10 to 14 was pegged at 16 percent while those on level 15 to 17 was adjusted to 14 percent.

While those at CONHESS, CONRAISS, CONRISS II, CONRIASS II, CONMESS, CONTEDDIS and CONPCASS on level 07 to equivalent gets 23.2 percent, that of level 08-14/equivalent is 16 percent while level 15-17/equivalent was fixed at 10.5 percent.

Speaking at the end of the meeting, the Minister of Labour, Chris Ngige, said the third category of the country’s wage structure which are military and paramilitary officers were also factored in in the agreement.

“Since they are not in the civil service , theirs will be communicated through the appropriate channels. Their percentages of increase is confidential,” he said.

With the new development, the Nigerian Labour Congress (NLC) will no longer embark on the planned industrial action it was warming up to.

Source: https://todaypoliticsng.com/minimum-wage-details-of-new-adjustment-formula-agreed-by-fg-labour/

Working on it will take another one yr.Before we know Buhari's tenure will expire.

This not fair, to be sincere!


One bag of rice will be costlier than the minimum wage


*spit

This adjustments are not labour friendly at all.
I felt the Labour leaders have been compromised.

As a Nigerian you have to be very prudent. No amount is ever enough.

Nothing is said about when it's going to be
implemented, nothing is said about arears from April, nothing is said about nysc eligibility.... nothing nothing nothing. is this the communicaque we were waiting for?

Story for the gods.

Crase dey worry una

Why is minimum wage increment always a problem in Nigeria ? I can remember when it was increased to 18k ... It took a long while , deliberations upon deliberations , now to increase to 30k same thing. Our leaders don't think twice before increasing thier own salary , but when it comes to the masses they want to be negotiating every time

LadySarah:
Working on it will take another one yr.Before we know Buhari's tenure will expire.

When will you be wise... ? When agreement is signed and there's date specified....when did you think the agreement will take effect?

My question is: would the calculation base on total salary or just the basic salary.

Help us God

LadySarah:
Working on it will take another one yr.Before we know Buhari's tenure will expire.

The Nigerian style

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I hope they won’t set up another committee on implementation that would take another 6months again...... next level yi sweet gan o

If na senate money or fg, dem for don implement am since..

But for the facts say na the masses go benefits, our leaders care less

In Nigeria, we have three types of people from the great tribe of Yoruba kingdom found in Southwest Nigeria, and they are:

1.) Yoruba Christians - very intelligent, classy and highly reasonable Yorubas, examples are: Papa Oyedepo, Daddy Adeboye, Adeyemi, Adefarasin, Osinbajo, Adesina, etc, etc

2.) Yoruba Muslims - very unstable, unreliable, unpredictable, bias, identity-less, confused, diabolical, tribalistic & hatred filled!

3.) Yoruba APC - very cunning, deceptive, unreasonable, hypocritical, diabolical, dangerous, Igbophobic, Buharidic, toxic, lack ideology & focus

Okay

I hear say 1 bag of rice na 30k now n I hope say Buhari don reduce am 4 him zombies, which means that na only wailers like us go suffer am
Zombie is this true?

Deadbeat zombies

franchasng:






1.) Yoruba Christians - very intelligent, classy and highly reasonable Yorubas, examples are: Papa Oyedepo, Daddy Adeboye, Adeyemi, Adefarasin, Osinbajo, Adesina, etc, etc

2.) Yoruba Muslims - very unstable, unreliable, unpredictable, biase, identity-less, confused, diabolical, tribalistic & hatred filled!

3.) Yoruba APC - very cunning, deceptive, unreasonable, hypocritical, diabolical, dangerous, Igbophobic, Buharidic, toxic, lack ideology & focus

meaning??

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franchasng:






1.) Yoruba Christians - very intelligent, classy and highly reasonable Yorubas, examples are: Papa Oyedepo, Daddy Adeboye, Adeyemi, Adefarasin, Osinbajo, Adesina, etc, etc

2.) Yoruba Muslims - very unstable, unreliable, unpredictable, biase, identity-less, confused, diabolical, tribalistic & hatred filled!

3.) Yoruba APC - very cunning, deceptive, unreasonable, hypocritical, diabolical, dangerous, Igbophobic, Buharidic, toxic, lack ideology & focus

sense is far away from you,omo ode oshi.