New minimum wage to be ready in a week- FG

President Bola Tinubu has directed the Minister of Finance, Wale Edun, to present the cost implications for a new minimum wage within two days.

Tinubu gave the order at a meeting with the government negotiation team led by the Secretary to Government of the Federation, George Akume, at the presidential villa in Abuja.

The Minister of Information and National Orientation, Mohammed Idris, disclosed this in an interview with correspondents after the closed-door meeting on Tuesday.

President Bola Tinubu has directed the Minister of Finance, Wale Edun, to present the cost implications for a new minimum wage within two days.

Tinubu gave the order at a meeting with the government negotiation team led by the Secretary to Government of the Federation, George Akume, at the presidential villa in Abuja.

The Minister of Information and National Orientation, Mohammed Idris, disclosed this in an interview with correspondents after the closed-door meeting on Tuesday.

He noted, “The president has just summoned a meeting of all those who negotiated on behalf of the federal government led by the secretary to the government of the federation, the minister of finance was there, the minister of budget planning, the minister of information, the minister of budget and national planning, the minister of labour, and the NNPCL GMD.

“We were all there to look at all issues and the president has directed the minister of finance to do the numbers and get back to him between today and tomorrow so that we can have figures ready for negotiation with labour.”