The federal government Thursday declared that it would not be able to meet the demand of organised labour on the percentage for consequential adjustment of the N30,000 new minimum wage due to dwindling revenue.
The government said it would appoint a new team to represent it in the committee negotiating the consequential adjustment.
The Minister of Labour and Employment, Senator Chris Ngige, who conveyed government’s position during a courtesy visit by the leadership of the Nigeria Labour Congress (NLC), said the federal government felt there was a need to tell the truth on the poor state of the economy.
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