FEC Holds Today, May Consider New Minimum Wage For Workers

Barring any last-minute change of plan, the Federal Executive Council (FEC) is expected to meet today to deliberate on salient matters aimed at tackling some of the problems bedevilling the country.

It was gathered that the meeting is expected to consider some serious matters of state including the vexed issue of the minimum wage impasse that had been ongoing between the federal government and organized labour.

The tripartite committee set up by the federal government recently submitted its report to President Bola Tinubu.

While the federal government has agreed that it can pay N62,000 minimum wage, the organised Labour consisting of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) said Labour will only settle for N250,000.

According to Daily Trust, the meeting is expected to consider the stand of labour, what the government can conveniently pay, before putting in place measures towards an executive bill that will be presented to the National Assembly. The last FEC meeting was held on the 13th and 14th of May, 2024.

Before now, the Federal Executive Council meetings of the present administration were always held on Mondays.

President Bola Tinubu was said to have approved the conduct of FEC to be held every Monday.

Before the advent of this administration, the weekly FEC meeting, presided over by the president and attended by cabinet members as well as other top aides to the president, was always held every Wednesday.