FG to propose N45,000 minimum wage

Reports indicate that the Federal Government of Nigeria will propose a minimum wage of N45 000 to Labor leaders in a meeting scheduled to hold today.

The President of the Nigeria Labour Congress (NLC), Ayuba Wabba confirmed the scheduled meeting saying he got a text message inviting him and other labour leaders to the meeting, The Guardian reports.

The meeting, which is scheduled to hold at the Federal Ministry of Labour and Employment at 3PM, will see the proposed increase by the Federal Government come with some provisos including reduction in the number of civil servants and merging ministries and agencies.

It was also revealed that ministers had been told to lead the initiative on the downsizing.

Also, the Efficiency Unit in the Federal Ministry of Finance, which responsible for coming up with cost reduction strategies is working on the template for the reduction.

The Federal Government would also be relying on the report of the Steve Oronsaiye’s panel on the rationalisation of the civil service in the streamlining process.

The Herald