The Federal Government has increased its offer of a new national minimum wage to N62,000, while organised labour has reduced its demand from N494,000 to N250,000.
This comes after the Minister of Finance, Wale Edun, submitted the cost implication of minimum wage to President Bola Tinubu.
A source confirmed this to our correspondent on Friday night in Abuja.
Details later…
Credit: Punch
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