BREAKING: FG Offers N62,000 As New Minimum Wage

Following several hours of meeting on Friday, the Federal Government has increased its offer for the new minimum wage to N62,000 from the earlier N60,000.

However, the organised labour is proposing a N250,000 which is a shift from its earlier N494,000.

This was reveal a few minutes after Governor Hope Uzodimma of Imo State hinted about the outcome of today’s meeting by the minimum wage tripartite committee.

Addressing journalists shortly after today’s meeting, Uzodinma, who also serves as Chairman of the Progressive Governors Forum (PGF), said the Tripartite Committee on the Minimum Wage is close to agreeing on a new national minimum wage.

“We had a very fruitful deliberation and of course, you know it is a technical subcommittee of a committee.

“And at the level of the committee, we have reached near consensus and by the time we go to the plenary, we will have a complete agreement and maybe from there the media can start their job. As it is now I think we are better off than we were,” said Uzodimma after the meeting on Friday which reportedly lasted for over 12 hours.