Governor Obaseki Announces N70, 000 New Minimum Wage. - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (A.M)
April 30, 2024
The governor revealed this while commissioning the new Labour House in Edo state on Monday.
According to him, the new wage comes into effect on May 1st, 2024.
This is as the Nigeria Labour Congress (NLC) battles the Federal Government over increasing the minimum wage to match increasing national inflation and skyrocketing food inflation.
The inflation rate for March 2024 hit 33.2 per cent from 31.70 per cent in February, according to the National Bureau of Statistics (NBS). Food inflation also rose to 31.7 per cent in March from 30 per cent in February.