President Bola Tinubu has directed the Minister of Finance, Wale Edun, to present a template for a new minimum wage.
Minister of Information and National Orientation, Mohammed Idris, said this in Abuja on Tuesday after a Federal Government delegation on the new minimum wage met with the President.
“The President has directed the Minister of Finance to do the numbers and get back to him between today and tomorrow so that we can have some figures ready for negotiations with Labour.
“Mr President is determined to go with what the committee has set. He is also looking at the welfare of Nigerians,” he said.
The FG delegation includes Idris; Edun; Secretary to the Government of the Federation, George Akume; Labour Minister Nkiruka Onyejeocha; Minister of Budget and Economic Planning, Atiku Bagudu; Chief of Staff to the President, Femi Gbajabiamila; and the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari.
Earlier on Tuesday, the Organised Labour suspended its nationwide strike which started at midnight on Monday. Akume had on Monday night said the President was committed to a national minimum wage above ₦60,000.
Businesses, airports, universities, hospitals, and power supply were affected as Labour began an indefinite strike on Monday over Labour’s demand for a new minimum wage.
Both the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) said the current minimum wage of ₦30,000 can no longer cater to the well-being of an average Nigerian worker, lamenting that not all governors are paying the current wage award which expired in April 2024, five years after the Minimum Wage Act of 2019 was signed by former President Muhammadu Buhari.
Tinubu Directs Finance Minister To Present Minimum Wage Template
