Presidency To Consult NEC On Minimum Wage, Thursday

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Indications emerged on Tuesday, that the controversies trailing the new national minimum wage, pegged at N30,000 may be far from over as President Muhammadu Buhari is set to consult with the National Economic Council (NEC) on the matter, again.

The expanded meeting which will involve Buhari’s cabinet members, is expected to come up on Thursday, according to a source from the Presidency.

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The resolution to meet with governors was reached on Tuesday at an extra-ordinary Federal Executive Council (FEC) meeting presided over by the President.

They are expected to gather more inputs from NEC, which comprises all serving state governors.

Recall that while the organized labour and federal government officials settled for N30,000 as the minimum pay, they had been at a loss of where to source funds to meet the envisaged wage increment.

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Some state governors on their part had insisted that they cannot pay the proposed wage unless the federation account allocation formula is reviewed to offer more earnings to states.

Prior to when the national tripartite committee headed by former Minister of Housing and Urban development, Ama Pepple presented their recommendation to the Executive, leadership of the Nigerian Governors Forum had said they could only afford N22,500.

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