Home NEWS Federal Govt Offers N62,000 As Workers’ Minimum Wage; Governors Reject It

Federal Govt Offers N62,000 As Workers’ Minimum Wage; Governors Reject It

Nigeria’s Federal Government has finally offered to pay workers a new minimum wage of N62,000, against the background of the governors of 36 States of the country rejecting even the earlier suggested N60,000.
The Federal Government’s new offer of N62,000 is a far cry from the demand of the organised labour unions for N250,000.
This development came after series of meetings yesterday, June 7, even against the backdrop of the rejection of the N60,000 as minimum by the Nigeria Governors’ Forum.
The Governors, rising from a meeting yesterday, insisted that N60,000 as minimum wage is not sustainable.
“The NGF cautions parties in this important discussion to look beyond just signing a document for the sake of it; any agreement to be signed should be sustainable and realistic.
“All things considered, the NGF holds that the N60,000 minimum wage proposal is not sustainable and cannot fly.
“It will simply mean that many states will spend all their Federal Account Allocation Committee (FAAC) allocations on just paying salaries, with nothing left for development purposes.
“In fact, a few states will end up borrowing to pay workers every month. We do not think this will be in the collective interest of the country, including workers,’’ NGF’s Acting Director on Media and Public Affairs, Hajiya Halima Ahmed, said in a statement

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