Home NLC, FG reach new agreement on minimum wage, suspends strike

NLC, FG reach new agreement on minimum wage, suspends strike

Share
Share

By Chioma Obinagwam

 

The Nigerian Labour Congress (NLC) has agreed to suspend the strike after reaching an agreement with the Federal Government of Nigeria (FGN) to pay above a minimum wage of N60,000.

Confiance News gathered from X on Tuesday.

Below are photos of the documents signed to end the strike.

Document signed by NLC and FG. Photo credit: Reno Omokri’s X handle.

 

Document signed by NLC and FG. Photo credit: Reno Omokri’s X handle.

Confiance News recalls that NLC had demanded for N494,000 minimum wage after bringing it down from N615,000, which was the initial demand.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

NGX equity turnover drops 35.6% in holiday-shortened week

NGX equity turnover drops 35.6% in holiday-shortened week ‎• NGX investors traded...

Nigeria inflation falls to 15.43% but CBN admits pressure persists‎

‎The apex bank credits its reforms for cooling prices and growth, yet...

Business & Economy

CBN urges Nigerian banks to prove recapitalisation with real lending‎

The apex bank lists governance, asset quality and cyber resilience as its...

Business & Economy

CBN reserves hit $55.6bn as naira gap drops below 2%

‎Three years after a near-collapse in dollar liquidity, the apex bank says...