The issue of a national minimum wage for workers has been heavily debated among labour movements, trade unionists and policy makers in recent times. Presently, the National Minimum Wage (Amendment) Act, 2011 provides for a national minimum wage of N18,000 per month – an amount that current economic realities have tested and proven to be grossly inadequate. Though there is deceleration in the rate of inflation, which would ordinarily have served to boost real wage, the peculiarity of Nigeria’s economic landscape prove a case that defiles such universally acceptable economic theory. The clamour by organised labour for a new minimum wage got a boost in November, 2017 with the setting up of the Tripartite National Minimum Wage Committee by President Buhari. The committee comprises the government, labour and the private sector and it is headed by the former Head of Service of the Federation and ex-Minister of Housing, Amal Pepple. The Committee’s mandate is hinged on providing a platform for receipt of ideas from relevant stakeholders that will serve as a vital input in the process of preparing an executive bill to amend the existing minimum wage structure. It is not uncommon in Nigeria that policy makers and employers are… Read full this story
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