FG To Start Minimum Wage Review January 23

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The National Salaries, Incomes and Wages Commission (NSIWC), says it will start the process of reviewing the national minimum wage on January 23.

President Muhammadu Buhari signed the minimum wage act that approved N30,000 for both federal and state workers in 2019.

Speaking in Abuja on Sunday, Emmanuel Njoku, the spokesperson of NSIWC, said the commission had held a series of training and meetings in preparation for nationwide monitoring of the act.

FG To Start Minimum Wage Review January 23

“The exercise will enlighten the public and private employers and organisations on the economic benefits of adhering to the payment of the national minimum wage,” he said.

“It will also help in obtaining baseline data on remuneration policies and practices of private sector organisations to enrich the commission’s data bank on staff compensation.

“The monitoring exercise will cover the 36 states of the federation including the federal capital territory.”

Source: The Cable