The Federal Government says President Bola Ahmed Tinubu is set to likely take a final decision on the new minimum wage agreed with the organised labour.
Minister of Information and National Orientation, Mohammed Idris, while addressing journalists on Monday, said the decision may be reached on Thursday, July 18.
He said the President will be meeting with the Nigerian Labour Congress, NLC, and Trade Union Congress, TUC, on Thursday before deciding on an amount that would be forwarded to the National Assembly.
The minister assured that Tinubu was not averse to increasing the national minimum wage but was being careful so as not to plunge the country into an unimaginable inflationary trend.
Meanwhile, in related news…
Last month, President Tinubu said the Federal Government will approve a new minimum wage that Nigeria can afford amid its economic woes.
He made this disclosure while speaking at a dinner to celebrate Nigeria’s Democracy Day in Abuja while also thanking those who stood by him over the years, promising Nigerians that he won’t depart from the tenets of democratic governance.
Tinubu said; “I have to celebrate with you my dear brother, Senate President, Deputy Senate President. The minimum wage is going to be what Nigerians can afford, what you can afford and what I can afford. Cut your coat according to your size, if you have size at all.”
Furthermore, he pledged to bring down the prices of food items by tackling the menace of banditry that has forced many farmers away from their farms.
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