August 2019 latest news on minimum wage in nigeria

As of August 2019, the latest news on minimum wage in Nigeria is that the Federal Government has agreed to increase the minimum wage from N18,000 to N30,000 per month. This decision was reached after several months of negotiations between the government and the organized labor unions.

On April 18, 2019, the Nigerian Governors' Forum (NGF) had agreed to pay the new minimum wage, but the Federal Government had yet to give its approval. However, on August 4, 2019, the Minister of Labour and Employment, Chris Ngige, announced that the Federal Government had agreed to the new minimum wage.

According to Ngige, the new minimum wage would take effect from April 18, 2019, and would be paid to all federal employees, including those in the public and private sectors. He also stated that the government would work with the states to ensure that they also implement the new minimum wage.

The increase in the minimum wage is expected to benefit millions of Nigerian workers, who have been demanding a higher wage for several years. The new minimum wage is expected to improve the standard of living of workers and help to reduce poverty in the country.

Here are some key points about the new minimum wage in Nigeria:

It's worth noting that the implementation of the new minimum wage may vary across different states and industries, and some employers may take longer to implement the new wage. However, the agreement on the new minimum wage is a significant step forward for Nigerian workers and is expected to have a positive impact on the economy and society.