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BREAKING: President Tinubu Proposes New Minimum Wage For Nigerian Workers, Details Emerge

The federal government of Nigeria, led by President Bola Tinubu, is proposing a new minimum wage of N150,000 to N200,000 for the organized sector.

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President Tinubu Proposes New Minimum Wage For Nigerian Workers, Details Emerge
President Bola Ahmed Tinubu

The federal government of Nigeria, led by President Bola Tinubu, is proposing a new minimum wage of N150,000 to N200,000 for the organized sector.

Meetings with organized labor leaders are scheduled to discuss this at the office of the SGF.

Labor leaders are advocating for a living wage that can sustain workers amidst rising living costs.

Under the leadership of President Bola Tinubu, the federal government is reportedly planning to introduce a new minimum wage ranging from N150,000 to N200,000 for workers in the organised sector.

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VerseNews reports that this initiative comes as the government schedules crucial meetings with the leaders of organized labor, set to be held at the office of the Secretary to the Government of the Federation (SGF).

The discussions will involve key representatives from the tripartite committee tasked with deliberating on the new minimum wage.

A letter from the Permanent Secretary to the SGF, dated April 24, officially summoned the labor leaders to the meeting.

The letter reads in part: “The purpose of the meeting is to deliberate and agree on the government position on the new minimum wage, which will be presented at the next meeting of the triparted Committee”.

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The leaders of the organized labor have expressed their hopes that the government will meet their demands for a living wage that aligns with the increasing cost of living, ensuring a sustainable income for the average Nigerian worker.

While the NLC had proposed N794,000 as the minimum wage for workers, the TUC proposed a figure of N447,000 per worker.

However, the two unions submitted a proposal to the government for N615,000 as the new minimum wage, stating that it reflected the current economic challenges.

A reliable source in the SGF office disclosed that from all indications, the federal government would consider an amount ranging from N150,000 to N200,000, and it would be tabled before the committee for further negotiation.

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