Image result for FG backdate minimum wage payment by five monthsThe Federal Executive Council has approved the financial implications of the new minimum wage to be paid in arrears from April 18 when it was signed into law.

The monthly minimum wage for public workers in Nigeria was 18,000 naira before it was raised to 30,000 naira.

Briefing Journalists after the weekly Executive Council meeting, the minister of Labour and Employment, Chris Ngige, said the council has approved the financial implications for the payment of minimum wage from April 18.

Image result for FG backdates minimum wage payment by five monthsThe Trade Union Congress side of the Joint National Public Service Negotiating Council had on Monday called on the Federal Government to pay five months’ arrears of the new minimum wage dating back to April 18, 2019 when President Muhammadu Buhari signed the new minimum wage bill into law.

The government and organised labour came to an agreement on the new minimum wage on Friday, 182 days after Buhari had signed the bill.

Both parties agreed on 23.2 percentage increase for workers at grade level 07; 20 per cent for those at grade level 08; 19 per cent for workers at grade level 09; 16 per cent for those at grade levels 10 to 14; and 14 per cent for workers at grade levels 15 to 17.