Salaries of Workers above New Minimum Wage’ll be Renegotiated – Buhari
President Muhammadu Buhari said, yesterday, that the salaries of workers earning above the new minimum wage will be renegotiated.
He also appointed Bismarck Rewane as head of newly inaugurated Technical Advisory Committee on the implementation of a national minimum wage.
President Buhari, who stated this at the inauguration of the technical committee at the Council Chamber, Presidential Villa Abuja, said after the new minimum wage had been passed into law, government will go into negotiations for salary review for all the workers already earning above the new minimum wage.
He said it was important to properly prepare the minds of those involved so that they will not be taken unawares when the time comes.
Noting that the last time Nigeria’s national minimum wage was reviewed was in 2011, it was evident that a review was necessary, despite the prevailing fiscal challenges.
He said: “This is why I constituted the Tripartite Committee of Government, Organized Private Sector and Labour to consider the National Minimum Wage and make recommendations to Government for its upward review.
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