President Bola Tinubu has instructed the Minister of Finance, Wale Edun, to present the cost implications of implementing a new minimum wage to him. According to Mohammed Idris, Minister of Information and National Orientation, the President held a meeting with the federal government’s representatives involved in the negotiations with labour unions on the minimum wage.....Read The Full Story Here ▶
Speaking to journalists in Abuja on Tuesday, Idris revealed that the President’s directive is aimed at ensuring a comprehensive understanding of the financial implications of a new minimum wage on the economy.
This development comes as labour unions and the federal government continue negotiations on a new minimum wage, with labour demanding an increase to match the current realities in the country.
More to follow…