Following several negotiations and meetings between the Federal Government and the organised labour, n agreement has finally been reached on the percentage increase on the consequential adjustments as a result of the N30,000 minimum wage.
According to Festus Keyamo, Minister of State for Labour and Employment, the agreement was signed 3 am on Friday morning.
He said, “we signed this Terms of Settlement b/w Govt and Labour which reveals different percentages of adjustments in other wages after the minimum wage adjustment. ” He added: Those of the law-enforcement agencies have also been done, but are not captured in this Memorandum.
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