The Minister of Finance, Zainab Ahmed, has been directed by the Federal Executive Council to effect the payment of the N30,000 new national minimum wage on or before December 31, 2019.
Chris Ngige, Minister of Labour and Employment disclosed this while briefing State House correspondents at the end of FEC meeting presided over by Vice President Yemi Osinbajo at the Council Chamber, Presidential Villa Abuja.
The FEC also approved that the payment of the new wage should take effect from April 18, 2019.
Ngige said the council also approved that the financial implication be worked out and the payment be completed on or before December 2019 and directed that the Minister of Finance, Budget and National Planning through the Office of the Accountant General of the Federation to effect all the payments before December 31, 2019.
He said, the council also directed the National Salaries, Income and Wages Commission and the Ministry of Labour and Employment to send the consequential adjustments table down to the state and local governments as an advisory document for their information and guidance for their National Joint Public Service status in their respective states because the national minimum wage is a national law.” He said.