x

Tinubu Promises To Work On Minimum Wage, Exchange Rate

President Bola Tinubu has promised to review the minimum wage to align with the current economic realities of the country.

According to him, the federal and state governments need to take a look at the minimum wage together and also strengthen the source and application of the country’s revenue.

He made this known on Friday while meeting with the members of the Progressive Governors Forum, who declared support for the president on the removal of subsidy.

Speaking when he received members of the Imo’s Hope Uzodimma-led forum, Tinubu said, “We need to do some arithmetic and soul searching on the minimum wage,’’ adding, “We will have to take a look at that together, and the revenue. We must strengthen the source and application of our revenue.’’

The president told the governors, “I have inherited the assets and liabilities of my predecessor. This is the first time you entered the Council Chambers, and it is my first time too for a meeting.

“As progressives and thinkers under the umbrella of the All Progressives Congress, you have a role to play in educating our people and making sure we manage ourselves.”

He also assured that the multiple exchange rates currently prevalent in the country would be streamlined saying “If we work together, the Nigeria of our dreams is not far away. Rest assured that we will not have multiple exchange rates anymore. You asked for this meeting, and I had to set aside time to be here

“We have a political party that we will need to manage, whichever way, we have inherited assets and liabilities, and we cannot complain.”

Speaking on behalf of the PGF, Uzodimma pledged to support the President, adding that the decisions already taken by Tinubu foretell good intentions for the economy

Hot this week

“How I Became a Consultant Inside Kaduna Prison” — Journalist Idibia Recounts Ordeal

By Idibia Gabriel, KadunaJournalist Idibia Gabriel has shared a...

U.S. Advocacy Groups Reject Tinubu’s IPOB–Boko Haram Comparison, Demand Kanu’s Release

By Achadu Gabriel, KadunaThree U.S.-based human rights and self-determination...

Amnesty International Urges FG to Cut Political Spending, Prioritize Economic Diversification

By Noah Ocheni, LokojaAmnesty International has called on the...

Ghana to Pull Women To 2025 African Women Conference in Nov.

By Joyce Remi-BabayejuThe Republic of Ghana is set...

Dinfa: Only a Northern Christian President Can Protect Northern Christians

By Israel Adamu, JosThe National Coordinator of the Young...

The Role of the United States in the Iran–Israel Geopolitical Rivalry

By Diri Glory IdaerefaaThe Middle East has long been...

2027: ACF to Regulate Officials’ Communication with Media, Public

By Achadu Gabriel, KadunaThe Northern socio-cultural organization, Arewa Consultative...

IHR Commends President Tinubu for Hajj Fare Reduction, Seeks ₦1,000/$1 Concessionary Exchange Rate

By Jabiru HassanIndependent Hajj Reporters (IHR) has commended President...

IHR Commends Tinubu for Hajj Fare Reduction, Urges N1,000/$1 Concessionary Rate

By Jabiru HassanThe Independent Hajj Reporters (IHR) has commended...

Related Articles

Popular Categories

spot_imgspot_img