President Bola Ahmed Tinubu has directed the minister of finance and coordinating for the economy, Wale Edun, to come up with the cost implications of an affordable, sustainable, and realistic new minimum wage and present the figures within two days.
Minister of Information and National Orientation, Mohammed Idris Malagi, made this known while briefing State House Correspondents after a meeting the negotiation team had with the president at Aso Rock.
Malagi confirmed that the president had a meeting with the representatives of the federal government in the negotiation with the labour on the minimum wage.
The minister said the meeting was attended by George Akume, secretary to the government of the federation (SGF); Atiku Bagudu, minister of budget and national planning; Nkeiruka Onyejeocha, minister of state for labour and productivity, and Mele Kyari, group chief executive officer of Nigerian National Petroleum Corporation (NNPC) Limited.
Idris said the president directed Edun to do the numbers and present the new minimum wage figures within two days, adding that the presentation would form the basis of negotiation.
The minister said Tinubu is committed to accepting the resolutions of the tripartite committee on the new minimum wage.
He added that the federal government is not against an increase in the minimum wage but wants to ensure that its promises are fulfilled.
