June 12: Hear what President Tinubu has to say about new minimum wage

The President of Nigeria, Bola Ahmed Tinubu has disclosed that he will in earnest send a new minimum wage Bill to the National Assembly for approval.

Tinubu revealed this on Wednesday while delivering a speech on Democracy Day.

He pointed out that his government did not crackdown on Organised Labour as the dictatorship government would have done.

“We have negotiated in good fate and open arms with organized labor on a national minimum wage, we will soon send our executive bill to the National Assembly to enshrine what has been agreed upon in the next five years or less,” he said.

Recall that the National Minimum Wage committee submited its report to the President on Monday.

In the report, the Federal Government proposed N62,000 minimum wage and Organized Labour proposed N250,000.

Also, Governors and Organised Private Sector proposed N57,000 and N62,000.

Nigerians are eagerly waiting to see what the decision of the presidency would be on the issue.