I Will Approve What Nigeria Can Afford– Tinubu Speaks On Minimum Wage
President Bola Tinubu has said that he would approve a new minimum wage that his administration can afford.
The President disclosed this on Wednesday at a dinner organised to mark Nigeria’s 25 years of unbroken Democracy in Abuja.
Tinubu thanked those who stood by him over the years, and also promised Nigerians he won’t depart from the tenets of democratic governance.
He said, “The minimum wage is going to be what Nigerians can afford, what you can afford and what I can afford. Cut your coat according to your size, if you have size at all,”
Adding that the high prices of food items will be brought bring down by tackling the menace of banditry that has forced many farmers away from their farms.
He also rallied Nigerians to support his administration’s efforts to strengthen the economy and informed citizens that a bill for a new minimum wage would be sent to the National Assembly soon, among other things.
Recall that the government and the labour last Friday, failed to reach an agreement on the new minimum wage.
While labour again dropped its demand from N494,000 to N250,000, the government added N2,000 to its initial N60,000 and offered workers N62,000.
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