The Special Adviser on Information and Strategy to President Tinubu, Bayo Onanuga has debunked claims making the the rounds that Nigeria’s minister of the economy, Wale Edun proposed N105,000 minimum wage. He stated it in a tweet:
Earlier reports suggested that that Edun presented a new minimum wage template to President Bola Ahmed Tinubu, ahead of the 48-hour deadline.
News Central reported that Edun submitted the projected cost implications of executing a new national minimum wage to the President.
Edun was accompanied by the Minister of Budget and National Planning, Atiku Bagudu during the presentation of the cost implications of the new minimum wage at the presidential villa in Abuja.
Reports indicate that the new proposal suggests a minimum wage of N105,000 (approximately $70) per month for workers in Nigeria.
The proposal is being reviewed by the president, and an official announcement is expected soon.
This is coming after a recent strike by Labour Unions, which began on Monday after their meeting with mediators from the National Assembly failed to produce an acceptable outcome.
The strike disrupted economic activities across the country, leading to the disruption of road transportation and the shutting of schools, banks, hospitals, courts, and major markets.
Members of the organised labour comprising the Nigeria Labour Congress and Trade Union Congress, on Tuesday, suspended their strike for five days.