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The Nigerian Senate has promised to support the passage of a new minimum wage bill once negotiations between the Federal Government and organized labour are concluded. The Senate also commended the leadership of the Nigerian Labour Congress and the Trade Union Congress of Nigeria for suspending the industrial action to demand a new minimum wage higher than the current N30,000.The position of the Upper House of the National Assembly was made known by Senate President, Sen.
“There are many variables that they will look at. Capacity to pay and the ability of states, local governments, and the private sector to even pay.“They will also be looking at the fact that if the minimum wage is too high, then the possibility of retrenchment of workers will occur.
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