N70,000 Minimum Wage:FG, Labour Sign MOU.. Payment To Workers Begins On July 29 - EDU-BIZNEWS

Breaking


Saturday, September 21, 2024

N70,000 Minimum Wage:FG, Labour Sign MOU.. Payment To Workers Begins On July 29





The Federal Government and the Labour Union have signed a Memorandum of Understanding on the implementation of ₦70, 000 new minimum wage for the least paid workers in Nigeria 

 Office of the Head of Civil Service of the Federation in a statement  by its Head, Information and Public Relations, Eno Olotu , said the committee on salaries for civil servants has agreed that the new minimum wage will be implemented from 29 July 2024.

The agreement according to the statement, is part of the resolutions reached at the end of the committee’s meeting in Abuja on Friday.

According to the statement, the committee also recommended that the wage award, which the Federal Government discontinued, should be paid until 28 July 2024.

The committee, led by the Head of Civil Service of the Federation, Didi Walson-Jack, noted that the government considered the economic situation in the country before making its decisions.

Walson-Jack who is the Chairman of the Committee in an interview with newsmen  after the signing, commended members for the painstaking effort put in the task assigned to them 

 “Both the Trade Union and the Government sides have agreed on the Consequential Adjustments in Salaries arising from the new minimum wage of N70,000", she stated 

She also disclosed that all the members considered the MOU and have all signed copies, concluding the exercise by handing over copies to representatives on both sides.

She described the assignment as the shortest and most peaceful negotiations thus far, adding that the signed copy of the MOU would now be forwarded to the Federal Government for further action.

Similarly, the National Chairman of the Joint Negotiating Council, Comrade Benjamin Anthony, representing the Trade Union side, commended the HCSF and expressed satisfaction with the committee’s work.

Organized labour in various states are expected to begin negotiation with their respective governors on implementation of the consequential adjustment based on the MOU agreed with government 

No comments:

Post a Comment