BREAKING: Finance Minister Edun Submits Minimum Wage Cost Implications to President Tinubu

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has submitted the projected cost implications of implementing a new national minimum wage to President Bola Tinubu. POLITICS NIGERIA reports that the finance minister was in company of the Minister of Budget and Economic Planning, Atiku Bagudu when he met with the President.

According to sources, Edun's report outlines various potential new minimum wage levels, along with the anticipated fiscal impacts on the federal budget for each option. Edun after meeting the president said “there is no cause for alarm,” but refused to comment on the report.Recall that on Monday, Organized Labour commenced a nationwide strike in demand of a higher minimum wage for government workers and a reversal of the recently increased electricity tariffs.

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