After much back and forth, President Bola Tinubu has approved N70,000 as the new minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years.
The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga disclosed this in a statement on X.
This comes after the leadership of the Nigeria Labour Congress and the Trade Union Congress met with the President at the Presidential Villa, Abuja on Thursday.
“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 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 statement read.
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