President Bola Ahmed 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 Minister of Information and National Orientation, Mohammed Idris, disclosed this to State House correspondents after the leadership of the Nigeria Labour Congress and the Trade Union Congress met with the President at the Presidential Villa, Abuja on Thursday.
Writing on his page on X (formerly Twitter), the Special Adviser to the President on Information and Strategy, Bayo Onanuga confirmed the development.
“President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years,” Onanuga wrote on X.
“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 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.” he added.