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Minimum wage: End not in sight as Tinubu orders more consultation



Minimum wage: End not in sight as Tinubu orders more consultation

The hope that a new minimum wage may be underway by workers may have been put on hold following President Tinubu’s order for more consultation.


After Federal Executive Council (FEC) meeting held on Tuesday, June 25, chaired by President Bola Ahmed Tinubu, decision was reached that more consultations would be held to arrive at conclusion.


The Minister of Information and National Orientation, Mohammed Idris disclosed this on Tuesday while briefing journalists after the FEC meeting.


Idris said FEC agreed that there will be consultation with state governors and organized private sectors “before next step”.


Idris said the proposed minimum wage is an issue to goes beyond the federal government. He said all concerned parties must be carried along for the benefit of Nigeria and Nigerians.


Idris said, “Council discussed the new National Minimum Wage, and agreed on the need for further consultations led by the President, with State Governors and Organised Private Sector, before next steps.


“The proposed Wage Increase is an issue that goes beyond the FG, and all concerned parties need to be carried along, in the interest of Nigeria and Nigerians.


“Nigerians should rest assured that the President is fully committed to this, and to lasting economic relief for all.”


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The new decision of the federal government runs contrary to President Tinubu’s statement while delivering Democracy Day speech on June 12. In his speech, President Tinubu said the agreement reached by the minimum wage committee would be sent to the National Assembly as executive bill “in coming weeks”.


Tinubu also during speech at Democracy Day Dinner said his administration will not approve as minimum wage what Nigeria cannot afford. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) are yet to respond to the new stand of the federal government.