Tag: labour union

Nigeria's Federal Government and Labor Union Finalize Deal on ₦70,000 Minimum Wage

The Nigerian Federal Government and labor unions have reached a notable agreement on a new minimum wage of ₦70,000. The recently signed Memorandum of Understanding (MoU) follows intense negotiations, highlighting a stark contrast to the unions' original demand. Though the exact implementation date remains unspecified, the decision marks a crucial step forward in addressing workers' wage issues.