Just in finally labour fg agree on new minimum wage adjustment

Exciting news!

According to recent reports, the Federal Government (FG) and the Labour unions have finally reached an agreement on a new minimum wage adjustment in Nigeria.

After months of negotiations and protests, the FG has agreed to increase the minimum wage from N18,000 to N30,000 per month. This is a significant increase of 66.7% and is expected to benefit millions of workers across the country.

The new minimum wage is expected to take effect from April 2020, pending the signing of the agreement by President Muhammadu Buhari.

This development is a major victory for the Labour unions, who have been pushing for a minimum wage increase for years. The unions had threatened to go on strike if their demands were not met, and it seems that the FG has finally listened to their concerns.

The new minimum wage is expected to have a positive impact on the economy, as it will increase the purchasing power of workers and boost consumer spending. It will also help to reduce poverty and inequality in the country.

Overall, this is a welcome development for workers and the Nigerian economy as a whole.