Categories: Economy

Minimum Wage: Labour Suspends Strike As Meeting Continues Today

Reports reaching us has it that the meeting between Nigeria’s Federal Government and organised labour has been shifted to Wednesday, Oct. 16 in a bid to allow both parties sort out gray areas

According to Vanguard, a top Labour Official who pleaded anonymity hinted that labour had shifted its earlier position which was 29 per cent to 25 per cent for grade levels seven to 14, while it settled for 20 per cent for levels 15 to 17 which earlier stood at 24 per cent.

The Federal Government had earlier made its position known to shift from levels seven to nine to 17 per cent and levels 10 to 14 at 15 per cent. It also shifted that of levels 15 to 17 to 12 per cent.

According to the News Agency of Nigeria (NAN) recalls that the organised labour is demanding 29 per cent salary increase for officers on salary levels 07 to 14 and 24 per cent adjustment for officers on salary grade levels 15 to 17 .

But the Federal Government had presented a proposal of 11 per cent salary increase for officers on grade levels 07 to 14 and 6.5 per cent adjustment for workers of grade levels 15 to 17.

Author

Editor

Recent Posts

The Silent Governance Crisis in AI

By: Wale Ameen   Wale Ameen is a two-time founder whose work sits at the…

4 months ago

LemFi Launches Artificial Intelligence (AI)-Powered “Send Now, Pay Later” Service, Combining Credit and Remittances for United Kingdom (UK) Immigrants

  LemFi, the leading AI-powered international payments platform dedicated to building financial products and services…

8 months ago

KFC’s secret recipe is out – the one the world really needs

  KFC Africa’s big secret is out, and no, it’s not the blend of 11…

8 months ago

Network International and Magnati merge to create the leading fintech across the Middle East & Africa

  Network International, a leading fintech company across the Middle East and Africa (MEA), and…

8 months ago

Cash-Strapped but Committed: The UN’s Battle to Keep Human Rights on the Global Agenda

In this exclusive interview, Aua Balde, member and former chair of the WGEID, spoke with…

9 months ago

Kaspersky: ChatGPT-mimicking cyberthreats surge 115% in early 2025, Small and Medium-Sized Businesses (SMBs) increasingly targeted

  In 2025, nearly 8,500 users from small and medium-sized businesses (SMBs) globally faced cyberattacks…

11 months ago