000 Minimum Wage Proposal

JUST IN: Finance Minister Wale Edun Reportedly Recommends N105,000 Minimum Wage

Jun 6, 2024.Jun 6, 2024. by Ekohot Editor

Eko Hot Blog reports that the Finance Minister and coordinating Minister of the Economy Wale Edun has reportedly proposed a significant increase in Nigeria’s minimum wage, suggesting a new threshold of N105,000. This news medium had earlier reported that the Minister submitted the new minimum wage template to President Tinubu, meeting the 48-hour deadline issued … Read more

Organized Private Sector Backs ₦60,000 Minimum Wage Proposal

Jun 1, 2024. by Ekohot Editor

Eko Hot Blog reports that the organised private sector has accepted the Federal Government’s proposal for a new minimum wage of ₦60,000. The Director-General of the Manufacturing Association of Nigeria, Ajayi Kadri, confirmed this development during a recent interview, stressing that the private sector is constrained by microeconomic, infrastructure and security challenges and that anything … Read more