News

Why Tinubu approved N70,000 Minimum Wage revealed

A new minimum salary of N70,000 has been approved by President Bola Tinubu for Nigerian workers, and he has promised to revisit the country’s minimum wage law every three years.

This follows a meeting on Thursday at the Presidential Villa in Abuja between the President and the leadership of the Nigeria Labour Congress and the Trade Union Congress.

In a statement on X, Bayo Onanuga, President Bola Tinubu’s Special Advisor on Information and Strategy, verified the development.

“President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years.

“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 statement read.

Onanuga went on to say that labour leaders applauded President Tinubu for his “fatherly gesture” and that the President promised to use his executive discretion to settle the unpaid salary arrears to university unions.

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.

Jonathan Nwokpor

View Comments

Recent Posts

Mixed reactions trail senate’s endorsement of death penalty for kidnappers

Keep up with the latest news and be part of our weekly giveaways and airtime…

4 hours ago

Nigerian govt, CBM drive nationwide awareness, grassroots adoption of CNG

Keep up with the latest news and be part of our weekly giveaways and airtime…

4 hours ago

CAC announces new requirements for online business name updates

Keep up with the latest news and be part of our weekly giveaways and airtime…

5 hours ago

Israel DMW unveils new lover two years after marriage crash

Keep up with the latest news and be part of our weekly giveaways and airtime…

5 hours ago

United Methodist Church Southern Nigeria Conference reaffirms doctrine on human sexuality

Keep up with the latest news and be part of our weekly giveaways and airtime…

5 hours ago

Real reasons I stopped employing female secretaries – RCCG Pastor, Adeboye

Keep up with the latest news and be part of our weekly giveaways and airtime…

5 hours ago