…The approval is the outcome of the latest meeting between the President and organized labour, which took place today
THUR JULY 18 2024-theGBJournal|President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years.
The approval is the outcome of the latest meeting between the President and organized labour, which took place today.
It is not certain when implementation of the new wage will begin, but the organized endorsement gave impetus to the approval by the President.
President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.
President Tinubu announced the decisions at the meeting held with leaders of TUC and NLC on Thursday in Abuja, the second time the parties met in 7 days.
The Labour leaders applauded President Tinubu for the fatherly gesture as the President also promised to use his discretionary powers meet the demands of university unions demanding unpaid 4 months salaries.
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