Minimum wage: Why govs, others are foot-dragging
*May retrench workers, need bailout to pay lIdris detaches self from govrs, awaits Labour, FG’s stand *No agreement, but alignment of interest — OPS lPushes for new Act to cover employer with minimum of 200 workers lSenator Wadada begs Tinubu to approve N150,000 lSays lawmakers willing to make sacrifices AS the nation awaits President Bola Tinubu’s executive bill on new minimum wage to the National Assembly, a host of states may need bailout or retrench workers to be able to pay the N62,000 being proposed by the Federal Government and Organised Private Sector, OPS. Although most of the states have been getting more allocations since the removal of fuel subsidy in May 2023, sources told Vanguard that the increment was paltry and not enough to sustain payment of N62,000 minimum wage. Meanwhile, the Organised Private Sector, OPS, yesterday said there was nothing like agreement in the just concluded meeting of the Tripartite Committee on the New National Minimum Wage but a...