Economy

Minimum wage: Committee finalises work as FG, Labour sign MOU

The Federal Government and the Organised Labour has signed a Memoranda of Understanding, MOU, on consequential salary adjustments.

This was after the committee on consequential salary adjustments set up by the Tinubu administration, arising from the new Minimum Wage Act 2024, concluded its assignment.

Speaking after signing the MOU, the Head of the Civil Service of the Federation (HCSF), Mrs Didi Esther Walson-Jack, who is also the Chairman of the Committee, commended members for the painstaking effort they put in the assignment.

“Both the Trade Union and the Government sides have agreed on the Consequential Adjustments in Salaries arising from the new minimum wage of N70,000,” she said.

The HCSF also disclosed that all the members considered the MOU and have all signed copies, concluding the exercise with handing over copies to representatives on both sides.

She described the assignment as the shortest and most peaceful negotiations thus far, adding that the signed copy of the MOU would now be forwarded to the Federal Government for further action.

In his remarks, the National Chairman of the Joint Negotiating Council, Comrade Benjamin Anthony, representing the Trade Union Congress, commended the HCSF and expressed satisfaction with the committee’s work done.

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Raufu Musliyu

Raufu Musliyu is the Editor-in-Chief of News Flash Media Service. He is a PhD Student of Al-Hikmah University, Ilorin in the field of Mass Communication. Musliyu holds Masters of Science (M.Sc) Degree in Mass Communication majoring in Public Relations/Advertising. He also holds Bachelor of Science (B.Sc) and Higher National Diploma (HND) in Mass Communication. The Editor-in-Chief also bagged Post-Graduate Diploma (PGD) in Public Relations. He is an Associate of Nigeria Institute of Public Relations (NIPR) and Advertising Regulatory Council of Nigeria (ARCON). Musliyu is the Head of Corporate of Affairs & Administration of Abdulrauf Jimoh & Co.

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