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 last year.
A statement signed by the Chief Press Secretary to Governor Seyi Makinde, Mr. Taiwo Adisa, confirmed that the pact was reached following a meeting between the state government delegation and the organised labour.
The new minimum wage, according to the agreement, takes effect from January 2020.
Secretary to the State Government (SSG) Mrs. Olubamiwo Adeosun, who chaired the state’s Minimum Wage Implementation Committee, broke the news of the pact reached between labour and Oyo State Government yesterday evening.
She said: “We have just signed an agreement and the highlight of the agreement signed is that the least paid worker in Oyo State will earn over N30,000 monthly, in agreement with the minimum wage signed at the federal level.
“We also agreed with our colleagues all on the table here on the consequential adjustment required as a result of that minimum wage, which has also been agreed and reached.”