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BREAKING: FG Offers N62,000 As New Minimum Wage


The Federal Government has raised its offer for the new minimum wage to N62,000 from the earlier N60,000.

However, the organised labour is proposing a N250,000, which is a shift from its earlier N494,000, according to a report by Channels TV.


Earlier, the Nigeria Governors’ Forum kicked against the proposed N60,000 minimum wage, saying it was not sustainable.

“The NGF cautions parties in this important discussion to look beyond just signing a document for the sake of it; any agreement to be signed should be sustainable and realistic.

“All things considered, the NGF holds that the N60,000 minimum wage proposal is not sustainable and cannot fly.

“It will simply mean that many states will spend all their Federal Account Allocation Committee (FAAC) allocations on just paying salaries, with nothing left for development purposes.

“In fact, a few states will end up borrowing to pay workers every month. We do not think this will be in the collective interest of the country, including workers,’’ NGF’s Acting Director on Media and Public Affairs, Hajiya Halima Ahmed, declared in a statement.

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