In a bid to resolve the ongoing stalemate over the proposed new minimum wage, the governors of Nigeria’s 36 states have scheduled an emergency meeting for Wednesday.
This development comes on the heels of the decision of the Federal Executive Council (FEC) to step down the memo on minimum wage on Tuesday.
The governors had previously rejected the federal government’s proposed N62,000 minimum wage, citing concerns that some states would need to borrow funds to pay salaries if the amount is implemented. In contrast, organized labor remains steadfast in its demand for a N250,000 minimum wage.
