JUST IN: Tinubu Pegs New National Minimum Wage at N70,000
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 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.
According to the Special Adviser on Information and strategy to the president who shared the decision on his official X handle @aonanuga, President Tinubu also pledged assistance to the private sector and the sub-nationals to pay the minimum wage.
He noted that 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.