Government

Just in: Finally, FG, labour reach agreement on minimum wage

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The federal government and the labour unions on Friday, October 18,  reached a point of eventual agreement on implementation of the new minimum wage.

The parties’s agreement came barely two days after vigourious meetings.

There present at the meeting, the minister for labour and employment, Chris Ngige, said the agreement was into three levels.

READ ALSO: Minimum Wage: Ngige Reveals Outcome of Negotiation Between FG, Labour

Ngige who made this known in  Abuja disclose the outcome as following, “For COMESS wage structure Grade level 7 gets 23 per cent, Salary grade level 8 gets 20 per cent, Salary grade level 9 gets 19 per cent Salary grade level 10 -14 gets 16 per cent while Salary grade level 15-17 gets 14 per cent

”For those on the second category of wages structure, CONHES, CONRRISE, CONTISS etc, Level 7 gets 22.2 percent, Level 8-14 gets 16 per cent , Level 15-17 gets 10.5 percent.”

The minister said the  third category of the country’s wage structure which are military and paramilitary officers were also factored in in the agreement.

He added: “Since they are not in the civil service , theirs will be communicated through the appropriate channels. Their percentages of increase is confidential.”

BELOW IS THE FULL AGREEMENT REACHED BY BOTH PARTIES

MEMORANDUM OF TERMS OF SETTLEMENT REACHED AT THE END OF THE CONCILIATION MEETINGS ON CONSEQUENTIAL ADJUSTMENTS OF THE OTHER WAGES FOLLOWING THE NEW NATIONAL MINIMUM WAGE OF N30, 000 HELD AT THE INSTANCE OF THE HONOURABLE MINISTER OF LABOUR AND EMPLOYMENT (HML&E) BETWEEN THE FEDERAL GOVERNMENT OF NIGERIA AND ORGANISED LABOUR ON 9TH, 14TH, 15TH, 16TH ,17TH AND 18TH OCTOBER , 2019, AT THE CONFERENCE ROOM OF THE HONOURABLE MINISTER, FEDERAL MINISTRY OF LABOUR & EMPLOYMENT, ABUJA.

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