The Federal Government has said it has yet to reach an agreement with the organised labour on the new National Minimum Wage as being reported in the media.
The Minister of Labour and Employment, Chris Ngige, on Wednesday, said this in an interview with State House correspondents after a meeting of the Federal Executive Council at the Presidential Villa, Abuja.
Ngige said there was no truth in the claim that those concerned have agreed to increase the minimum wage to N30,000, adding the government was still consulting and negotiation was still ongoing.
He explained that while the organised labour agreed on N30,000, the organised private sector came down to N25,000, the Federal Government proposed N24,000 while state governors proposed N20,000.
He said in accordance with Convention 131 of the International Labour Organisation, the most important thing to consider in fixing the new minimum wage is the ability to pay.