President Bola Tinubu has proposed adjusting Nigeria’s minimum wage every two or three years instead of every five.
Speaking at a meeting with labor leaders at the State House, Tinubu emphasized the importance of worker welfare and realistic expectations regarding wage adjustments. He suggested a more pragmatic approach, considering economic factors and worker productivity.
Trade Union Congress President Festus Osifo highlighted the economic difficulties facing Nigerians, while Nigeria Labour Congress Leader Joe Ajaero noted that current wage levels would remain unchanged until further discussions.
Minister of Information Mohammed Idris confirmed ongoing consultations with stakeholders, aiming for a consensus within a week.
Meanwhile, Nigerians await the outcome of these crucial discussions.
