"We were all there to look at all issues, and 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 figures ready for negotiation with labour."
"We were all there to look at all issues, and 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 figures ready for negotiation with labour," he said. Mr Idris reiterated the government's receptiveness to dialogue with labour, underlining its willingness to facilitate equitable wage adjustments whilst ensuring fiscal prudence and economic viability.
The minister underscored the collaborative nature of the wage deliberations, emphasising the involvement of sub-national entities and the private sector in the decision-making process. Recent negotiations between the government and labour culminated in a commitment to elevate the minimum wage beyond the current proposal of N60,000.
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Give Costs to Govt Today, Tinubu Orders Finance MinisterPRESIDENT Bola Tinubu yesterday gave marching orders to the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, to prepare the cost implications of a new minimum wage and present an affordable, sustainable and realistic figure today.
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