President Bola Ahmed Tinubu has approved a N70,000 minimum wage for Nigerian workers. The President also promised to review the national minimum wage law every three years.
The Nation reports the leadership of the Organized Labour; Nigeria Labour Congress, and the Trade Union Congress (TUC) are at the Presidential Villa, Abuja.
Recall that organized labour meeting with Mr. President last week was inconclusive. Therefore, the labour leaders were asked to come back to Villa this week.
Tinubu had stated that he needed to consult more before announcing the new minimum wage.
However, a statement by the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, stated the new wage.
Announcing the new wage, Onanuga said: “President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.
“President Tinubu announced the decisions at the meeting held with leaders of TUC and NLC on Thursday in Abuja. The second time the parties met in 7 days.
“The Labour leaders applauded President Tinubu for the fatherly gesture. As the President also promised to use his discretionary powers to meet the demands of university unions demanding unpaid 4 months salaries.”
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