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JUST IN: Finance minister submits new minimum wage proposal to Tinubu

The minister of finance and coordination minister of the economy, Wale Edun, has submitted the proposal for a new minimum wage to President Tinubu.

Wale Edun, minister of finance and coordinating minister of the economy
Wale Edun, minister of finance and coordinating minister of the economy

Abuja, Nigeria

The minister of finance and coordination minister of the economy, Wale Edun, has submitted the proposal for a new minimum wage to President Tinubu.

The proposal contains the options to be considered by the government and cost projections.

On Tuesday amid the nationwide strike by organised labour, the president directed Edun to submit a proposal for a new minimum wage figure and an analysis of the associated costs to be incurred within 48 hours.

More to follow…

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