It was a major victory for organised labour in Nigeria led by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) as the Nigerian Federal Government finally acceded to their demands for a new National Minimum wage.
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After months of tension in the country which would have resulted in an indefinite strike today, November 6, 2018 the Federal Government capitulated and approved N30,000 as the new national minimum wage.
President Muhammadu Buhari on Tuesday endorsed N30,000 as the new national minimum wage.
He said this while receiving the report of the Tripartite Committee on the Review of National Minimum Wage at the Presidential Villa, Abuja.
The report was submitted by the Chairperson of the Committee, Amal Pepple.
President Buhari thereafter promised to send a bill to the National Assembly to effect the change from N18,000 to N30,000.
This has proved to be a major victory of enormous magnitude for Nigerian workers in recent times, withstanding opposition from state governors who had stuck to N22, 500 as minimum wage.
The next stage of the battle will now be fought on the floor of the National Assembly although the President of the Senate Bukola Saraki and the Speaker of the House of Representatives Yakubu Dogara have promised speedy assent to the new wage bill if presented.