Minimum Wage: NLC, FG Finally Reach greement on Percentage Increase

An agreement was finally reached between the federal government and organised labour on Thursday, October 17, on the consequential adjustment in salaries of Nigerian workers as a result of the new N30,000 minimum wage.

Both teams reportedly finally shifted ground from earlier positions and agreed on certain percentages, following three days of intense negotiation, The Nation reports.

It was gathered that at the end of the meeting, both sides agreed to a 23.2 per cent increase for workers on level seven, 20 per cent increase for level eight workers and 19 per cent increase for level nine workers.

Organized labour and the government also agreed that for level 10-14 workers, there’ll be a 16 per cent salary increase, while for those on level 15 to 17, there’ll be a 14 per cent increase.