The implementation of the new national minimum wage would commence in the third quarter of this year, the Federal Government announced on Monday.
According to the Minister of Labour and Employment, Chris Ngige, the negotiation committee for the new minimum wage for workers had received memoranda from all stakeholders involved in the process, adding that implementation should begin later this year.
Ngige spoke at the 40th anniversary celebration of the Nigeria Labour Congress in Abuja.
“Well, we all know the economic situation of the country as of today. The negotiation committee has members from all the tripartite bodies, which means the government cannot force its way. The committee has received memoranda from all the critical stakeholders and should begin the implementation of a new minimum wage in the third quarter of this year,” he said.
Early this month, the Federal Government had said it would prepare a supplementary budget to take care of workers’ demand for increase in salaries when the new minimum wage proposal was eventually approved.
The Director-General, Budget Office of the Federation, Ben Akabueze, had stated that the fact that there was no provision yet in the 2018 budget proposals currently before the National Assembly to cater for the planned increase did not, in any way, suggest that the government was not willing to increase the workers’ salaries.
The NLC had made a proposal for N56,000 for the least paid worker to the Federal Government’s committee on the minimum wage.