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Minimum Wage: Makinde Promises To Pay N70,000

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The governor of Oyo state, Seyi Makinde, has confirmed that his administration would start paying the N70,000 minimum wage once the issue of consequential salary adjustment has been addressed.

Makinde made this known in a statement signed by his Special Adviser on Media, Sulaimon Olanrewaju, on Saturday.

 

The governor also announced the extension of the N25,000 wage award to workers and the N15,000 wage award to pensioners for another three months.

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He noted that the extension was to cover the period that the negotiation on the consequential adjustment would last, adding that the payment of the wage award would stop upon the conclusion of negotiations to effectively implement the minimum wage.

“On the minimum wage, negotiation will start next week and we will pay the N70,000 minimum wage. But the consequential adjustment is about to be negotiated. The NLC and our team will sit down to discuss it.”