Minister of finance and coordinating minister of the economy, Wale Edun has submitted new national minimum wage options and projected cost implications to President Bola Tinubu.
According to officials in the heart of the matter reported that Edun submitted a proposal of N105,000 to the president as the new minimum wage.
On Tuesday, Tinubu directed Edun to present a proposal on new minimum wage figure and analysis of the associated costs within 48 hours.
Edun submitted the report to Tinubu on Thursday at the presidential villa, Abuja.
He was accompanied by Mohammed Idris, the minister of information and national orientation, and Atiku Bagudu, minister of budget and national planning.
Earlier on Thursday labour signal that despite the assurances of the Nigerian government on its commitment to ensuring the presentation of a new minimum wage ‘higher than N60,000’, the Nigeria Labour Congress has revealed that the government has failed in doing that.
Stewardship News had reported that following the declaration of an indefinite nationwide strike which commenced on Monday and was relaxed for one week, government said it’s committed to pay above N60,000.