Bola Ahmed Tinubu was given a proposal by Nigeria’s Minister of Finance, Wale Edun, on Thursday for a new minimum salary of N105,000.
Tinubu is now reviewing the proposed minimum wage, which is meant to be paid to Nigerian workers on a monthly basis. Soon, a formal announcement is anticipated.
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It was previously stated that the government’s rejection of their demand for a higher minimum wage of N494,000 was the reason behind the call for a workers’ strike made by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC).
But after a day of work stoppage, all sides went back to the negotiating table and eventually came to an understanding.
Bola Ahmed Tinubu ordered Wale Edun on Tuesday to deliver a template for the new minimum wage by Wednesday in order to keep their end of the bargain.
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