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BREAKING: Tinubu approves N70,000 minimum wage

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 organised labour has yet to formally comment on the development.

But a statement by Tinubu’s special adviser on communication and strategy, Bayo Onanuga said the  N70,000 minimum wage has the endorsement of the organized Labour.

He said in a post on X,  “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 to meet the demands of university unions demanding unpaid 4 months salaries.”

He said President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.

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