President Bola Tinubu has approved ₦70,000 as the new minimum wage for Nigerian workers. This announcement was made during a meeting held with leaders of the Trade Union Congress (TUC) and the Nigerian Labour Congress (NLC) on Thursday in Abuja.
Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy, stated that the new minimum wage will be reviewed every three years. The statement read, “President approves ₦70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years.”
President Tinubu also expressed his commitment to assisting the private sector and sub-national entities in meeting the new minimum wage requirements. This marks the second meeting between the President and the labour leaders within seven days, during which the labour leaders expressed their appreciation for the President’s supportive measures.
Additionally, President Tinubu promised to use his discretionary powers to address the demands of university unions seeking payment for four months of unpaid salaries.
