President Bola Tinubu has approved a new minimum wage of N70,000 for Nigerian workers. He also promised to review the national minimum wage law every three years.
This decision came after a meeting between the leadership of the Nigeria Labour Congress and the Trade Union Congress with the President at the Presidential Villa in Abuja on Thursday.
The Special Adviser to President Tinubu on Information and Strategy, Bayo Onanuga, confirmed this development in a statement on X.
“President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years,” Onanuga stated.
The President also promised to assist the private sector and state governments in paying the new 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 seven days,” the statement read.
Labour leaders praised President Tinubu’s “fatherly gesture,” and the President also vowed to use his executive powers to address the outstanding four months’ salaries owed to university unions.
