Breaking News: President Bola Tinubu Gives Nod to N70,000 Minimum Wage

President Bola Tinubu has approved a minimum wage of N70,000 for Nigerian workers with a promise to review the national minimum wage law every three years.

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President Tinubu announced the decisions at the meeting held with leaders of TUC and NLC on Thursday in Abuja

According to the Special adviser to the president on Information and Strategy, Bayo Onanuga, President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.

“The 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,” Onanuga said.

This is the second time the parties met in 7 days.

The development was also announced by the Minister of Information, Mohammed Idris, at the Presidential Villa in Abuja.