Minimum wage committee to reconvene mid-April

In order to continue discussions and talks on the new minimum salary that President Bola Tinubu is anticipated to announce on May 1, 2024, the 37-member tripartite committee on minimum wage, established by the Federal Government, will meet again in the middle of April.

Hakeem Ambali, the National Treasurer of the Nigeria Labour Congress and a member of the tripartite committee, revealed this to our correspondent in Abuja on Sunday.
Ambali reported that the members of the committee are still compiling and examining the reports that were obtained from the zonal public hearings.

The committee was provided with reports from the zonal public hearings that took place between March 27, 2024, and March 28, 2024, in each of the six geopolitical zones of the nation.
It is anticipated that the minimum wage, which will be announced, will mitigate the impact of Premium Motor Spirit's loss of subsidies.

Several zones made varying minimum wage suggestions at the public meetings.

The minimum wage requested by the North East, North West, North Central, and South South was N540,000, N560,000, N485,000, and N794,000, respectively. The South South demanded N850,000, while the South East demanded N540,000.
"We have been compiling and analysing zonal reports," Ambali stated when discussing the latest meeting's results.

He said, "Mid-April," when questioned about the scheduled date of the committee's upcoming meeting.

The 37-member panel was assembled by Tinubu on January 30, 2024, at the State House in Abuja's Council Chamber, through the intermediary of Vice President Kashim Shettima.

The panel's mandate is to propose a new national minimum wage for the nation, with members drawn from the private sector, organised labour, and federal and state governments.

The existing N30,000 minimum salary expires at the end of March 2024, therefore Shettima encouraged members to "speedily" arrive to a decision and submit their findings early.

"It's critical that this submission be made on time.