16 states now pay minimum wage – NLC
About sixteen states have completed negotiations on consequential adjustments and started paying the N30, 000 minimum wage to workers, the Nigeria Labour Congress has said.
The NAC also discussed the security challenge in the country, the decision of the Federal Government to borrow N2tn from the Pension Fund and casualisation of workers, especially by banks. “We will keep our eyes very open to ensure the safety of those funds and we also urge government to respect the provision of the law because it is only the pension fund administrator that can actually invest the fund in such a way and manner that the safety of the funds will be guaranteed and there will be maximum return on investment.
“We have about three that have reached agreement but have not signed. We have about seventeen that negotiation is ongoing. I can say authoritatively that it is only in Taraba that nothing has started. Wabba said: “The minimum wage Act is already a law and every political officeholder must respect the sanctity of our constitution and also the sanctity of the oath of office they have sworn to uphold.
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