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Minimum Wage: FG Targets N62,000, Govs Push For N57,000

The Federal Government may be on a collision course with governors, and the private sector for agreeing to pay a minimum wage higher than N60,000.

According to findings by the newsmen, while the Federal Government may be ready to accept N65,000 as the new minimum wage, governors and the organised private sector were against paying as high as N60,000. They insisted that any figure above N57,000 may not be sustainable.

The major argument by the governors, according to insiders, is that the states would be left with nothing for developmental projects if they accepted to pay a minimum wage above N57,000, as they would have to pay a large chunk of their resources as wages to workers.

 

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