—Organized Labour reduces demand to N250,000

By Johnbosco Agbakwuru, Abuja

The Federal Government has increased its offer of a new national minimum wage to N62,000, while organized labour has reduced its demand from N494,000 to N250,000.

Already the Tripartite Committee on New National Minimum Wage has adjourned as there was no consensus at the meeting.

The organized private sector also backed the government offer of N62,000.

Details later…