President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years.
According to Special Media Adviser, Bayo Onanuga in an X platform information, 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 seven 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 four months salaries.
Speaking to State House Correspondents after the meeting with Tinubu, the President of the Nigeria Labour Congress, Joe Ajaero said Organized Labour accepted the proposal of N70,000 minimum wage from the President, Bola Tinubu because of other incentives attached.
He said another reason for accepting the offer is because “ the President promised a review every three years as against what obtained in the past.”
