FEC issues ultimatum on Payment of Minimum Wage Arrears - THE BUSINESS PACKAGE

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Wednesday, June 24, 2020

FEC issues ultimatum on Payment of Minimum Wage Arrears



The Federal Executive Council presided over by Vice President, Professor  Yemi Osinbajo, has approved the payment of arrears of the new minimum wage as agreed upon by the Organised Labour and the Federal Government.

The Minister of Labour and Employment, Dr Chris Ngige, made this known when he briefed State House correspondents on the outcome of the Council meeting held at the Presidential Villa, Abuja, on Wednesday.

Ngige said that the Council also approved the payment of all outstanding financial implications of the consequential adjustments as worked out by the National Salaries, Income and Wages Commission, beginning from April 18.

“Council today approved for us that the financial implications be worked out by the National Salaries, Income and Wages Commission, as consequential adjustments should take effect from April 18, the date the new national minimum wage came into being.

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