BREAKING: Federal Govt Increases Minimum Wage From N48,000 to N54,000

The ongoing dispute between the Labour union and the Federal Government (FG) over the minimum wage in Nigeria has seen recent developments.

 The FG has raised its minimum wage offer from N48,000 to N54,000. However, the Labour union remains steadfast in their demand for a significantly higher minimum wage of N615,000.

This substantial gap between the two proposals indicates a challenging negotiation process ahead.

The FG's latest offer represents a moderate increase, but it falls far short of the union's demands, which aim to address the rising cost of living and inflationary pressures faced by workers in the country. The Labour union argues that their proposed figure is necessary to ensure a living wage that can sustain workers and their families, reflecting the current economic realities in Nigeria.

The outcome of these negotiations will be crucial for both the economic stability of the country and the welfare of its workforce. Further discussions and potential compromises will likely be needed to reach an agreement that satisfies both parties and addresses the financial and social needs of Nigerian workers.

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Posted: at 21-05-2024 08:49 PM (3 weeks ago) | Addicted Hero

54k full salary for a month .. na wa ooo, money for 2 cheese burger and 1 fries. If you are lucky you will get one free coke for burger king.. that's what our civil servant get in a month, what a shame!!

Posted: at 22-05-2024 02:13 AM (3 weeks ago) | Gistmaniac