Tinubu Approves N70,000 Minimum Wage

President Bola Ahmed Tinubu has approved N70,000 as the new minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years.

The organised labour has yet to formally comment on the development

But a statement by Tinubu’s Special Adviser on Communication and Strategy, Bayo Onanuga said the N70,000 minimum wage has the endorsement of the organized Labour.

He said in a post on X that, “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 7 days.

“The Labour leaders applauded President Tinubu for the fatherly gesture as the President also promised to use his discretionary powers to meet the demands of university unions demanding unpaid 4 months salaries.”

He said President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.