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Minimum wage: Kwara State government names committee for consequential adjustment

Credible News by Credible News
August 1, 2024
in Development, Economy, Human Interest, News
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Kwara State Governor, AbdulRahman AbdulRazaq has approved the constitution of a tripartite committee to work out the consequential adjustment component for other categories of workers.

This comes as a new national minimum wage was pegged at N70,000, triggering a need for consequential adjustments for senior cadres of workers in the state.

Chief Press Secretary to the Governor, Rafiu Ajakaye noted that the committee comprised representatives from the state government, the labor center, and the organized private sector.

“The tripartite committee is chaired by the Head of Service and co-chaired by the Commissioner for Finance, while the Director (Establishment and Pension) is the Secretary.

“Other members are the Commissioners for Budget & Planning, Works and Transports, Local Government and Chieftaincy Affairs, Communications; Senior Adviser and Counsellor to the Governor; Permanent Secretaries (Finance, Service Welfare, Justice); and Senior Special Assistant to the Governor on Labor Matters.

“Apart from the Federal Controller on Labor and Employment, the Labor was represented on the committee by the Chairman of the Nigeria Labor Congress, Chairman of the Trade Union Congress, Chairman of the Joint Negotiation Council,  Chairman of COHESU, and Secretary of the JNC.

“The private sector is represented by the Kwara Chamber of Commerce, Manufacturers Association of Nigeria, and the Nigerian Association of Small and Medium Enterprises,” the statement read.

Recall that President Bola Tinubu on Tuesday signed the new N70,000 minimum wage bill into law.

READ ALSO: President Tinubu signs new minimum wage bill into law

The president signed the bill in the council chamber of the State House, in the middle of the Federal Executive Council, FEC, meeting.

Last Tuesday, the Senate and House of Representatives passed the new minimum wage bill.

The bill passed first, second and third readings all within an hour in the upper and lower legislative chambers.

The legislation increased the country’s minimum wage from N30,000 to N70,000. The law also provides for a review of the minimum wage every three years.

The last minimum wage of N30,000 was signed by former President Muhammadu Buhari in 2019.
Prior to the enactment of the new minimum wage act, the federal government and organized labor held a series of meetings.

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Tags: Abdulrahman AbdulrazaqKwara State GovernorMinimum wage
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