Minimum wage: FG offers N62,000 as labour demands N250,000

The Federal Government has increased its offer of a new national minimum wage to N62,000, while organised labour has reduced its demand from N494,000 to N250,000, PUNCH is reporting.

This comes after the Minister of Finance, Wale Edun, submitted the cost implication of minimum wage to President Bola Tinubu.

More to come…