NEW MINIMUM WAGE: Tinubu To Make Announcement Next Week

Senator Bola Ahmed Tinubu GCFR
President, Federal Republic of Nigeria

"The Labour Minister of labour told us that he had an audience with President Bola Ahmed Tinubu and the Minister of Finance and had reviewed the issue of wage award." Usifo, TUC Nat. President.

News across the country reveals that President Bola Ahmed Tinubu, baring last minute changes, will announce a new minimum wage for Nigerian workers next week.

This was the disclosure by the President of the Trade Union Congress (TUC), Comrade Festus Osifo, while speaking on the outcome of the Union’s Tuesday meeting with the federal government on the fuel subsidy removal.

Nigerians will recall that the TUC had given the federal government a two-week ultimatum to address its demands or risk a nationwide industrial action from Nigerian workers. 

Speaking on ChannelsTV’s Politics Today on Tuesday evening, Osifo noted that the Minister of Labour, H.E Simon Lalong had informed that he had met with Mr. President alongside Wale Edun, the Finance Minister 

The TUC leader further disclosed that Mr Lalong told the Union that the issue of wage had been reviewed adding that President Tinubu would speak on the matter in the coming days.

"The Labour Minister of labour told us that he had an audience with President Bola Ahmed Tinubu and the Minister of Finance and had reviewed the issue of wage award. But the president asked them to fine-tune the issues before he makes the announcement," the TUC president said.

"The minister told us all these issues would be streamlined but because the president has travelled we should give him an extra two weeks. We said no; we don’t have an extra two weeks to give. After more discussions, he said the president would make proper announcement next week."

Osifo noted that the Union had engaged the Federal Government on the palliatives released to states.

"We are going to monitor distribution of palliatives in states to make sure the scheme is implemented appropriately. We want to see the template of the implementation that is why we engaged the federal government on this issue. We also raised issues around taxation and CNG (Compressed Natural Gas)," the TUC president added.