This amount is for the least paid workers in the states and the private sector.
The private sector is the liberty to pay any amount, so long as it is not below N27,000.
However, the Federal Government will pay its own workers N30,000 as their minimum wage.
The Council took the decision to peg the minimum wage at N27,000 during its meeting in Abuja on Tuesday.
 
The Minister of Labour, Dr Chris Ngige, has just confirmed the development to State House Correspondents in Abuja.
With the outcome of the meeting, Ngige stated that a bill would be sent to the National Assembly latest on Wednesday (tomorrow).