- He said all parties involved in the negotiation would work together towards a new minimum that’s acceptable to all
President Bola Tinubu has directed the federal government negotiation committee to draw up actionable framework for the actualisation of a realistic new minimum wage acceptable to all.
As part of the effort to resolve the minimum wage impasse, Tinubu particularly gave the Minister of Finance, Wale Edun, a 48-hour ultimatum to come up with the cost implications on the new minimum wage.
The Minister of Information and National Orientation, Mohammed Idris, disclosed the development while briefing State House Correspondents after a meeting the negotiation team had with the President at Aso Rock.
He said all parties involved in the negotiation would work together towards a new minimum that’s acceptable to all.
He said: “All parties to the negotiation of the new minimum wage would work together with the organised labour to present a new minimum wage for Nigerians in one week.
“All of us will work together assiduously within the next one week to ensure that we have a new wage for Nigeria that is acceptable, sustainable and also realistic.”
The Nigeria Labour Congress, NLC and Trade Union Congress, TUC, have called off the strike which began on Monday for one week, to enable further negotiations with the Federal Government.
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