President Bola Tinubu has authorized a new minimum wage of N70,000 for Nigerian workers, pledging to revise the national minimum wage law every three years.
It was reported that the leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) were at the Presidential Villa in Abuja for a scheduled meeting with President Bola Tinubu.
A statement issued by Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy, confirmed the meeting.
“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.”
