In a pivotal move, President Bola Tinubu has mandated Finance Minister Wale Edun to delineate the financial implications of a revised minimum wage within the next two days. The announcement was made by the Minister of Information and National Orientation, Mohammed Idris, following a comprehensive meeting with the negotiation team at Aso Rock today.
Idris revealed that a coordinated effort is underway among all involved parties, including government officials, organized labor, and representatives from the organized private sector, to formulate and present a new, sustainable, and realistic wage structure for Nigerians within a week.
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President Tinubu has emphasized the importance of establishing a sustainable wage award that benefits the citizenry, issuing a directive for a swift collaborative effort to achieve this goal. This development is crucial amid ongoing discussions around minimum wage adjustments, promising a potential leap toward enhanced financial equity for Nigerian workers.
