President Bola Tinubu has said a bill on the agreed N62,000 minimum wage would be sent to the National Assembly in the coming week.
President Tinubu said this in a Democracy Day speech on Wednesday, June 12, to mark the country’s 25 days of interrupted democracy.
Tinubu said the agreement between labour and the federal government through the Tripartite Committee on National Minimum Wage was negotiated in “good faith and with open arms”.
While labour rejected the Tripartite Committee on National Minimum Wage’s report of N62,000 for workers, President Bola Tinubu’s Democracy Day speech, on “agreed” minimum wage remained unclear.
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“In this spirit, we have negotiated in good faith and with open arms with organized labour on a new national minimum wage. We shall soon send an executive bill to the National Assembly to enshrine what has been agreed upon as part of our law for the next five years or less,” the statement said.
Nigeria’s president said his believe in democracy was responsible his administration did not seek to apply force during organized labour’s protest to seek minimum wage. He said no one was arrested or arrested during the labour’s protest.
“In the face of labour’s call for a national strike, we did not seek to oppress or crack down on the workers as a dictatorial government would have done. We chose the path of cooperation over conflict.
“No one was arrested or threatened. Instead, the labour leadership was invited to break bread and negotiate toward a good-faith resolution.
“Reasoned discussion and principled compromise are hallmarks of democracy. These themes shall continue to animate my policies and interaction with the constituent parts of our political economy,” Tinubu said.
