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Monday, May 22, 2017

National Minimum Wage: FEC set to consider a review


The Minister of Labour and Employment, Chris Ngige, has rekindled hope of a new minimum wage in the Country. He said the Federal Executive Council (FEC) is set to review the report of the joint committee on the National Minimum Wage at its next meeting on Wednesday, the 24th of May 2017. 

Ngige told journalists in Abuja that the 16- man Technical Committee on Minimum Wage and Palliatives had submitted its report to the main committee, headed by the Secretary to the Government of the Federation. He said, “This report was adopted just last week by the 29 -man joint committee.
 
Nigeria's Minister of Labour and Employment
“So the report is now being taken to the Federal Executive Council (FEC) for approval next week and then the Acting President will constitute a National Minimum Wage Review Committee. This National Minimum Wage Review Committee will then fix a new minimum wage for the country. It has become imperative for a new minimum wage, because the last minimum wage has a life span of five years.  It was signed into law by President Goodluck Jonathan and it elapsed by Aug.ust 2016.”

The minister stressed that since the issue of minimum wage was a constitutional issue, all stakeholders would be involved in the final discussions. “So it is a law that it would have a national application for both those in the private sector and those in the public sector. So the implementation of the national minimum wage is not only for the Federal Government alone,” he added.

Ngige said the private sector, employers of labour, government and governors, among others would be involved in the discussion. “We must all sit together and come out with an acceptable agreement,” he said.

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