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In what appears to be a relief to both the government and organised labour, both parties have come to an agreement at last on the issue of the implementation of the new minimum wage, a battle which has been raging for quite a while now.

The discussion for the new minimum wage began in the second half of Buhari’s first tenure and spilled into his second term as the implementation had been a bone of contention between the two parties.

At the metting on Thursday, the third of such this week, both sides finally agreed on the percentage increase for grade levels seven to 17.

The agreed terms are as follows:

COMESS wage structure

Grade level seven= 23 percent, level 8=20 percent, level 9=19 percent, level 10 -14 = 16 percent, level 15-17=14 percent.

CONHES, CONRRISE, CONTISS, etc

Level 7= 22.2 percent

Level 8-14 = 16 percent

Level 15-17 = 10.5 percent

The meeting also increased the salaries of military and paramilitary officers, but the percentages were kept confidential.

Announcing the agreement, the Minister of Labour for State, Festus Keyamo made the announcement via his twitter account saying, ‘After some delicate negotiations (with both Ministers as conciliators) Government & Labour have finally reached an agreement on the consequential adjustments of other wages following the implementation of the enhanced minimum wage of N30,000. We are now working on the communique’

 

 

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