The Federal Government has directed the setting up of a 29-member National Minimum Wage Committee to negotiate and arrive at a new minimum wage in the country.
The decision was reached at the Federal Executive Council (FEC) meeting in Abuja presided over by Acting President Yemi Osinbajo.
The Minister of Labour and Employment, Dr Chris Ngige, who briefed State House correspondents after the meeting on Wednesday, said the decision was reached following the FEC’s deliberation on the report of the joint committee of government and the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC).
On membership of the committee, the minister said it will be drawn from the Nigeria Governors’ Forum, organised private sector and labour federation.
He said the committee’s chairman and secretary will be appointed by the Federal Government.
“Today, the Council deliberated on the report of the joint committee of government on one side and the labour federation of the NLC and TUC.
“If you recall, on May 11, 2016, there was a deregulation of the oil and gas sector in Nigeria and this resulted in the increase we had in the Premium Motor Spirit (PMS).
“As a result of that, the labour union kicked against the increase and said that even if the increase will be there, government should put in place mechanisms to make sure that we don’t have further increases.
“That is why they said the Petroleum Pricing Regulatory Board (PPRB) should be put in place,” angiogenesis said.
The minister explained further that the Federal Government will present six members of the committee from the public sector; Governors’ Forum will select six governors (one from each geo-political zone), and labour federation will present eight persons.
He added that the organised employers association would jointly present eight persons as members of the committee.