Oyo State Government and the Organised Labour on Wednesday reached an agreement on the N30,000 minimum wage passed into law by the Federal Government in 2019.
A statement signed by the Chief Press Secretary to Governor Makinde, Mr. Taiwo Adisa, confirmed that the pact was reached following a meeting between the State government’s delegation and the organized Labour.
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The new Minimum wage according to the agreement takes effect from January 2020.
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InsideOyo.com looks at five highlights from the Oyo govt-Labour agreement on minimum wage:
- The least paid worker in the State will earn N30,000 but it will be review every three months depending on state’s financial abiility.
- The agreement takes effects January 1st 2020 while arrear of January will be paid in March 2020.
- The minimum wage is applicable to all the Ministeries, departments, agencies of government, parastatals and primary school teachers in Oyo state.
- The current tax regime in the state should be maintained and maintain all special and existing allowance.
- Negotiation on Tertiary Institutions Salary structure should be concluded before the next adjournment date.
