Nigeria: On New Minimum Wage, Tinubu Directs Edun to Come Up With Cost Implications in 48 Hours

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President Bola Tinubu on Tuesday directed the Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, to, within two days, come up with the cost implications of an affordable, sustainable and realistic new minimum wage for Nigerian workers.

The president gave the marching orders at a closed-door meeting with the government negotiation team on the new minimum wage led by the Secretary to the Government of the Federation, Senator George Akume, at the State House, Abuja.

Idris said that the president directed the minister of finance to present the new minimum wage figures that will form the basis of negotiation with the organised labour. Idris assured Nigerians of the president's readiness to accept the committee's resolutions with the labour representatives in line with his commitment to the welfare of Nigerians.

"Government is not against or an opponent of labour discussions. Government is not an opponent of wage increase but what is there is that government is always there to ensure that there is a balance between what government pronouncement is and what the realities are on ground.There was a problem processing your submission. Please try again later.

"The president has given marching orders that all those who have negotiated on behalf of the Federal Government and all those who are representatives of organised private sectors, the sub nationals, to come together to have a new wage award that is affordable, sustainable and that is also realistic for Nigerians.

 

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