President Bola Tinubu has instructed Minister of Finance, Wale Edun, to provide the cost implications of the new minimum wage within two days.
This directive was disclosed by Minister of Information and National Orientation, Mohammed Idris, in a briefing with State House Correspondents after a meeting with the negotiation team at Aso Rock on Tuesday.
“All parties involved in the negotiation of the new minimum wage will collaborate with organized labor to present a new minimum wage for Nigerians within one week,” Idris said. “We will all work diligently over the next week to ensure that we achieve a new wage for Nigeria that is acceptable, sustainable, and realistic.”
The Minister also noted that the President had instructed all those who negotiated on behalf of the Federal government, representatives of the organized private sector, and sub-national representatives to come together and establish a sustainable new wage award for the citizens.
