The Nigerian Labour Congress (NLC), has eventually reached an understanding with the Federal Government on minimum wage.
We can confirm that an agreement between the parties was signed at about 3:00 AM.
Festus Keyamo, confirmed the agreement in a tweet this morning.
Keyamo wrote: “At about 3am this morning, we signed this Terms of Settlement b/w Govt& Labour which reveals different percentage of adjustments in other wages after the minimum wage adjustment. Thosr of the law-enforcement agencies have also been done, but are not captured in this memorandum.”
The minimum wage issue has been an impass between the government and labour, with the last suspending a proppsed strike in the last minutes to pave way for further discussions with the government on the issue.
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