Just in: Tinubu, NLC, TUC agree on N70,000 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.

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.

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The Labour leaders applauded President Tinubu for the fatherly gesture as the President also promised to use his discretionary powers to meet the demands of university unions demanding unpaid 4 months salaries.

The figure was arrived at during a meeting between President Bola Ahmed Tinubu and the leaders of NLC and TUC in his office at the State House in Abuja Thursday.