Business
New Minimum Wage Committee Begins Sitting
The 15-man committee
inaugurated by the Federal Government on the implementation of the new minimum wage for workers has started sitting.
The Tide gathered from some members of the committee at the weekend that it had met once.
Acting General Secretary of a faction of the NLC and a member of the 15-man committee, Mr Chris Onyedika, also confirmed that it had started deliberations on the agreement reached between the Federal Government and factions of the Nigerian Labour Congress (NLC) in May, this year.
“The 15-man committee will review the Federal Government’s liberali-sation of the downstream sector of the petroleum industry, leading to the new fuel pump price of N145 per litre.
“The committees will discuss and recommend a new national minimum wage, the N500 billion palliatives being proposed by the Federal Government and the re-constitution of the Petroleum Products Pricing and Regulatory Agency Board, among other issues, before presenting their recommendations to government,’’ Onyedika said.
The government in May increased the price of Petrol from N97.00 to N145 per litre, which led to some agitation and a warning strike by Organised Labour.
The Joint Negotiation Council had also started to agitate for an increase in national minimum wage for workers, which was last reviewed five years ago.
Meanwhile, at this year’s International Labour Organisation (ILO) conference in Geneva, Switzerland, participants encouraged the ILO to promote the ratification and implementation of the Minimum Wage Fixing Convention, 1970.
The NLC and the Trade Union Congress (TUC), the two central labour organizations in the country have proposed N56, 000 as the new national minimum wage to the Federal Government, as against the current N18, 000.
The current national minimum wage law which prescribed N18, 000 was enacted in 2011.
Business
MWUN Backs Nigeria’s Bid For IMO’s Category C Seat
Business
Food Security: FG To Review Nigerian Agric laws
Business
Okpebholo Charges Committee To End Herders, Farmers Clash In Edo … Inaugurates Boundary Committee
-
News16 hours ago
Alia Commends Tinubu For Ordering Arrest Of Armed Herders, Bandits
-
Politics12 hours ago
INEC Denies Registering New Political Parties
-
Sports19 hours ago
Abia Warriors, Rivers United Prepares for next season
-
Business15 hours ago
Food Security: FG To Review Nigerian Agric laws
-
Rivers16 hours ago
Okrika SOLAD Charges Students On Involvement In Drugs, Others
-
Rivers15 hours ago
Rivers State University Introduces SponsorsLink To Address Communication Gap
-
News16 hours ago
FG Restates Commitment To Improve Rural Roads, Markets, Others
-
News11 hours ago
RSG Moves To Diversify Rivers Economy …As Farmers, Others Laud Ibas Over Implementation Of RAAMP