Minister of Finance, Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has submitted the cost implications for a new minimum wage to President Bola Tinubu.
Edun, alongside the Minister of Budget and National Planning, Atiku Bagudu, submitted the minimum wage cost to Tinubu at the Presidential Villa in Abuja on Thursday, June 6, 2024.
Speaking with State House correspondents after the meeting, the finance minister said: “There is no cause for alarm.”
The president had, on Tuesday, June 4, directed Edun to present the cost implications for a new minimum wage within two days.
Labour suspends nationwide strike
Tinubu gave the directive at a meeting with the government negotiation team led by the Secretary to Government of the Federation (SGF), George Akume, at the State House.
The directive was given a few hours after the Organised Labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) suspended the strike embarked upon over a new minimum wage and the hike in electricity tariff.
The Labour suspended the strike for about one week.
The industrial action was suspended after the federal government declared its readiness to offer higher than the N60,000 national minimum wage it proposed to the tripartite committee deliberating on the issue.
Kaduna State Governor, Uba Sani, has commended President Bola Tinubu for fulfilling his campaign promise…
Zenith Bank has confirmed that hackers breached its database, resulting in the compromise of limited…
President Bola Tinubu has declared that Nigeria is poised to lead Africa's renewable energy revolution…
Afrobeats superstar David Adeleke, popularly known as Davido, has revealed that he is a devoted…
The Federal Government of Nigeria is to spend N924 billion yearly as salary bill for…
Lagos State Governor Babajide Sanwo-Olu on Tuesday said his administration has empowered about 40,000 residents…
This website uses cookies.