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Minimum Wage To Be Presented To NEC Tomorrow (Thursday)

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FEC Announces Next Move On New Minimum Wage

The Federal Government is set to present the N30,000 new National Minimum Wage proposal to the National Economic Council on Thursday (tomorrow) for further consultations.

This was after of an extraordinary meeting of the Federal Executive Council, which ended in Abuja on Tuesday night, Naija News learnt.

Naija News recalls that President Muhammadu Buhari had called for an emergency FEC Meeting yesterday.

State governors, the Central Bank of Nigeria and some major Ministries, Departments and Agencies of government constitute the NEC under the leadership of Vice President Yemi Osinbajo.

The Minister of Information, Mr. Lai Mohammed, informed State House correspondents after the FEC rose, that deliberations centred on the minimum wage.

Mohammed did not give further details aside from saying that the government would meet with NEC for more talks.

He said, “Until after the meeting of the NEC, l cannot (give details) because it is work in progress, since it will also be discussed at the NEC meeting before we come out with the decision. Thereafter, we can address the media.”

Also recall that Naija News last week, Buhari inaugurated a technical Advisory committee, headed Bismarck Rewane to guide the government on how to implement a new wage bill.