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BREAKING: Tinubu approves N70,000 minimum wage

President Bola Tinubu

President Bola Tinubu has approved N70,000 as the new minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years.

This is coming after the leadership of the Nigeria Labour Congress and the Trade Union Congress met with the President at the Presidential Villa, Abuja on Thursday.

From left: Minister of Information and National Orientation, Mohammed Idris; Minister of Labour and Employment, Nkeiruka Onyejeocha; President, Nigeria Labour Congress, Comrade Joe Ajero and President Trade Union Congress, Comrade Festus Osifo briefing State House Correspondents after their meeting with President Bola Tinubu on the new Minimum Wage at the Presidential Villa in Abuja on Thursday (18/7/24) Photo: NAN

The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, in a statement on X, confirmed the development.

“President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years.

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 statement read.

Onanuga further noted that labour leaders praised President Tinubu’s “fatherly gesture”, and the President also vowed to exercise his executive discretion to address the outstanding four months’ salaries owed to university unions.

 

 

 

 





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