July 18, (THEWILL) – President Bola Tinubu has approved a N70,000 minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years.
A statement by Bayo Onanuga, Special Adviser to the President on Information and Strategy, confirmed the approval on Thursday.
The statement reads: “President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with a 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 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.”
THEWILL earlier reported that President Tinubu, on Thursday, met with the leadership of organised labour at the State House, Presidential Villa in Abuja.
Speaking with State House Correspondents after the meeting, the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, confirmed that the unions had accepted the offer.
Flanked by Festus Usifo, President of the Trade Union Congress (TUC) and other representatives of Nigerian workers, Ajaero said the unions accepted the offer because there were other incentives attached.
He said the President’s pledge of a review every three years, as opposed to what had previously been received, was part of the reasons for accepting the offer.
