PeakNews Online
President Bola Tinubu has approved a new minimum wage of N70,000 for Nigerian workers and has promised to review the national minimum wage law every three years.
The announcement followed a meeting with the leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) at the Presidential Villa in Abuja on Thursday.
The meeting was attended by Minister of Information and National Orientation Mohammed Idris, Minister of Labour and Employment Nkeiruka Onyejeocha, NLC President Comrade Joe Ajaero, and TUC President Comrade Festus Osifo.
The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, confirmed the development in a statement on X, noting that the President also committed to exploring ways to support the private sector and sub-national entities in implementing the new minimum wage.
“President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years,” Onanuga stated. “President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.”
This announcement marks the second meeting between the President and labor leaders within a week. Labour leaders praised President Tinubu’s “fatherly gesture,” and the President further pledged to use his executive discretion to address the outstanding four months’ salaries owed to university unions.
