The Federal Government has increased its offer of a new national minimum wage to N62,000, while organized labour has reduced its demand from N494,000 to N250,000.
According to Punch, a source confirmed the development to the Newspaper on Friday night.
Already the Tripartite Committee on New National Minimum Wage has adjourned as there was no consensus at the meeting.
The organized private sector also backed the government offer of N62,000.
Earlier, Governor Hope Uzodinma of Imo State confirmed that the Tripartite Committee on the minimum wage is close to a consensus.
Speaking on Friday after the committee’s meeting, Uzodinma said: “We had a very fruitful deliberation and of course you know it is a technical subcommittee of a committee.
“And at the level of the committee, we have reached near consensus and by the time we go to the plenary, we will have a complete agreement and maybe from there, the media can start their job. As it is now, I think we are better off than we were.”
