A leak memo sighted by TheNewsGuru.com revealed that the tripartite committee on national minimum wage demanded the sum of N1.8 billion for its inauguration....CONTINUE READING
The memo signed by the Secretary to the Government of the Federation (SGF), Senator George Akume dated 18th January titled, “Request for approval of funds and inauguration of the tripartite committee on national minimum wage”.
The memo was addressed to President Bola Tinubu, whose approval was sought for the release of the said sum.
“This memorandum seeks your approval for the following in respect of the above subject matter.
“The release of the sun of N1 billion for the purpose of the exercise. The 26th January 2024 for the inauguration of the committee. All relevant documents are thereby attached.
“The new minimum wage is expected to be ready by 1st April, 2923 according to law. Respectfully submitted for Mr. President’s consideration and approval.”
Responding to memo, President Tinubu opted to allocate N500 million for the inauguration of a 37-member tripartite committee on the national minimum wage, rejecting a proposed budget of N1.8 billion.
“While acknowledging the importance of the committee’s work, it is imperative that we exercise fiscal responsibility,” Tinubu stated.“Therefore, I have approved N500 million for the inauguration.”
