State House, Abuja – On Thursday, July 18, President Bola Ahmed Tinubu announced N70,000 as the new minimum wage.
The Minister of Information and National Orientation, Mohammed Idris, disclosed this at the end of the meeting between the organised labour and the federal government.
Bayo Onanuga, the special adviser information and strategy to President Tinubu, confirmed the development via a statement shared on his X page on Thursday.
According to the statement, President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.
“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,” the statement read.
Tinubu’s meeting with NLC on Thursday
As reported by Daily Trust, Tinubu held a meeting with organized labour on Thursday afternoon.
The meeting was attended by labour leaders, including the President of the Nigerian Labour Congress (NLC), Joe Ajaero, and that of the Trade Union Congress (TUC), Festus Osifo.
As reported by Vanguard, the meeting is expected to put finishing touches to issues on the new minimum wage.
NATURENEX understands that federal government and the organised private sector earlier offered to pay N62,000, while the labour demanded N250,000.
But on Thursday, Tinubu reached an agreement with labour and offered to pay Nigerian workers N70,000.
