Tinubu Approves ₦70,000 As New Minimum Wage For Nigerian Workers

President Bola Tinubu has approved a new minimum wage of ₦70,000 for Nigerian workers.

This announcement was made during a meeting with leaders of the Trade Union Congress (TUC) and the Nigerian Labour Congress (NLC) on Thursday in Abuja.

Bayo Onanuga, the Special Adviser to the President on Information and Strategy, confirmed the development in a statement.

The statement highlighted that the new minimum wage will be subject to review every three years.

The statement read, “President approves ₦70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years.

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

During the meeting, President Tinubu also addressed other labour concerns, promising to use his discretionary powers to meet the demands of university unions for unpaid salaries.

This is the second meeting between the President and the labour leaders in seven days.

Labour leaders have commended President Tinubu for his proactive measures and the supportive gesture towards improving workers’ welfare.