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FG warns Labour on the implications of the new minimum wage demand

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FG warns Labour on the implications of the new minimum wage demand

The Federal Government has warned the organized labour against negotiating a new minimum wage that would lead to mass retrenchment of workers or endanger the welfare of about 200 million Nigerians.

Speaking yesterday at the opening of the 2024 Synod of the Charismatic Bishops Conference of Nigeria in Abuja, the Minister of Information and National Orientation, Mohammed Idris, noted that the N250,000 minimum wage demanded by labour could undermine the economy.

The Information Minister who restated the government’s dedication to reassessing the minimum wage, stressed the imperative of a realistic wage system that safeguards against mass retrenchment, and not disrupt the economy.

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