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.
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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 to meet the demands of university unions demanding unpaid 4 months salaries.”
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