New wage by September no longer feasible

The expectation of a new national minimum wage in September, may not materialized.

Labor and employment minister, Senator Chris Ngige, gave this indication in an interview with newsmen, in Abuja.

The minister explained that the tripartite committee which is negotiating the N66,500 wage demanded by the organized labor, is expected to end its work in September.

He explained that the committee, after completing the negotiation in September, will submit its report to the presidency for deliberation and approval.

Ngige said the presidency will then submit the approved new wage in form of a bill to the national assembly for consideration and approval.

The minister, however, said during the zonal public hearing organized by the committee, some of the state governments proposed between N22,000 and n58,000 monthly minimum wage.

Other state governments, according to him, suggest that the N18,000 national monthly wage be retained.

The minister adds that  some of the governors suggest that the new wage should be put on hold until the formula for sharing revenue in the federation account is reviewed to favor the state and local governments.

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