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

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Wigwe Helicopter Crash: U.S. Operator May Face Criminal Charges

The operators of the helicopter that crashed and claimed...

Outrage Grows Over Alleged Mismanagement of El-Rufai’s $350m World Bank Loan in Kaduna

Tensions are rising in Kaduna State as stakeholders voice...

Zazzaga Congratulates Tsenyil on NCDC Appointmen

By Israel Adamu, Jos The North-Central All Progressives Congress, APC,...

Dr Olawepo-Hashim Visits Gov. Mutfwang Ahead of Worship Convention

By Isreal Adamu, Jos Frontline politician, businessman, and former presidential...

Oil Cabal Behind Smear Campaign Against Mele Kyari- Coalition Alleges

… Say Its A Plot to Undermine Tinubu’s Administration...

Delta Speaker assures of high premium on Assembly staff

By Anne AzukaSpeaker, Delta State House of Assembly, Rt...

Reps Decry Lack of CNG Conversion Centres in North-East, North-West

Lawmakers from northern Nigeria on Thursday criticized the Federal...

Reps Urge Federal Government to Upgrade and Build More NYSC Camps

The House of Representatives has called on the Federal...
spot_img

Related Articles

Popular Categories

spot_imgspot_img