The Presidency has described as false the news that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has proposed N105,000 in the new minimum wage template to President Bola Ahmed Tinubu on Thursday.
A report by Western Post, (which JOURNALIST101 also cited) said a new proposal suggests a minimum wage of N105,000 (approximately $71) per month for Nigerian workers.
However, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a post on his X account on Thursday, said no figure has been reached yet. Continue Reading…
The presidential aide wrote, “The Honourable Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has not proposed N105,000 minimum wage.
“The contrary story being disseminated is false.”
Edun had earlier in the day presented the template to President Bola Tinubu, meeting the 48-hour deadline.
Edun, along with the Minister of Budget and National Planning, Atiku Bagudu, presented President Tinubu with the cost implications of the new minimum wage in his office at the presidential villa in Abuja.
Tinubu is said to be currently reviewing this proposal, and an official announcement is expected soon.
This development follows a recent strike by labour unions, which began on Monday after their meeting with the National Assembly leadership failed to produce a satisfactory outcome.
The strike disrupted economic activities nationwide, leading to the closure of international airports, schools, courts, banks, and hospitals.
Members of the organised labour comprising the Nigeria Labour Congress and Trade Union Congress, on Tuesday, suspended their strike for five days. Continue Reading…
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