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President Bola Ahmed Tinubu on Thursday approved a new National Minimum Wage of N70,000 for Nigerian workers.
The president announced this in a meeting held with labour leaders, representing the Nigerian Labour Congress, NLC and the Trade Union Congress, TUC, in Abuja.
Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy, in a statement disclosed that the new minimum wage is subject to review every three years.
“President approves N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years,” the statement read.
“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 Labour leaders applauded President Tinubu for the fatherly gesture as the President also promised to use his discretionary powers to meet the demands of university unions demanding unpaid 4 months salaries.”
