After months of back and forth, the Federal Government and the Organised Labour have agreed on a new monthly minimum wage of N70,000.
Minister of Information and National Orientation, Mohammed Idris, disclosed this to State House correspondents on Thursday after a meeting between President Bola Tinubu and leaders of the Organised Labour at the Presidential Villa, Abuja.
Also, corroborating the Information Minister, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, said President Tinubu approved the N70,000 minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years.
Onanuga said Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the new minimum wage, including meeting the demands of university unions demanding four-month unpaid salaries.
Taking to his X handle (formerly Twitter) immediately after the President/Labour meeting on Thursday afternoon at the Aso Rock Villa, the presidential media aide further wrote: “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 meet the demands of university unions demanding unpaid 4 months salaries.”