" ITREALMS: Buhari receives report on national minimum wage - ITREALMS

Wednesday, November 07, 2018

Buhari receives report on national minimum wage - ITREALMS

President Muhammadu Buhari has received the report of the National Minimum Wage Tripartite Committee (NMWTC), at the Aso Villa on Tuesday, November 6, 2018, reports ITREALMS.

NMWTC, ITREALMS recalls was inaugurated on 27th November 2017, with a mandate to recommend a new minimum wage for the workers in the country, saying that the Federal Government under his leadership is in support of the state government paying workers the minimum wage.

“We supported State Governments to pay workers salary. And of course, we set up a committee in order to review the minimum wage of workers,” he said.

Buhari also said that this exercise became necessary for many reasons, noting that the last review took place in 2011.

“We all know since then, the prices of key consumables have increased and the most vulnerable of our workers are struggling to make ends meet,” he said.

Since 2011, Buhari pointed out that many changes have taken place, underlining that Nigeria rebased its Gross Domestic Product (GDP) to become the largest economy in Africa, which led to the country reported very strong GDP growth rates and exceptional performance of our capital markets, which successes did not flow into the pockets and homes of majority of Nigerians.

President Buhari further said that in the last three years, APC government had focused on correcting this deficiency.

“We are working to create a diversified and inclusive economy,” he said.

Nenye Dom/GEE

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Pix: President Buhari with committee Chairman, Mrs Amal Pepple.

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