The N30, 000 new National Minimum Wage proposal will be presented on Thursday by the Federal Government to the National Economic Council, NEC for further consultations. The NEC is chaired by Vice President Yemi Osinbajo.
This was the conclusion of an extraordinary meeting of the Federal Executive Council, which ended in Abuja on Tuesday night.
President Muhammadu Buhari presided over the meeting at the Presidential Villa.
State governors, the Central Bank of Nigeria and some major Ministries, Departments and Agencies of government constitute the NEC.
Minister of Information, Lai Mohammed, informed journalists that deliberations at the meeting centred on the minimum wage but he did not give further details aside from saying that the government would meet with NEC for more talks.
Last week, Buhari inaugurated a technical committee to guide the government on how to implement a new wage bill.
The inauguration of the committee came soon after the president also made a commitment to forward a bill on the new minimum wage to the National Assembly.