BREAKING: Government Proposes New Minimum Wage of N62,000, Labor Reduces Demand to N250,000

The government has proposed a new minimum wage of N62,000.

This proposal comes after labor unions reduced their initial demand from N494,000 to N250,000.

No agreement was reached at the meeting, and the Tripartite Committee on New National Minimum Wage has postponed further discussions.

Both the government and the private sector agree on the N62,000 proposal.

More details will be provided later.