President Tinubu declared that he would approve a new minimum wage that the government can afford.
The President said this on Wednesday at a dinner to mark Nigeria’s 25 years of unbroken Democracy in Abuja.
While addressing the public on Wednesday, President Tinubu thanked those who stood by him and he promised Nigerians that he won’t depart from the tenets of democratic governance.
He said, “I have to celebrate with you my dear brother, Senate President, Deputy Senate President,” he observed, adding that Senate President Godswill Akpabio and his deputy, Jibrin Barau would soon get an Executive Bill from him on the new minimum wage
The President also promised to bring down the prices of food items by tackling the menace of banditry that has forced many farmers away from their farms.
He also rallied Nigerians to support his administration’s efforts to strengthen the economy and informed citizens that a bill for a new minimum wage would be sent to the National Assembly soon, among other things.
The Organised Labour, while reacting to the President’s Democracy Day nationwide broadcast, had pleaded with the President to use his powers to give workers something higher than the N62,000 proposed by the federal government team in the Tripartite Committee on Minimum Wage. Labour also insisted that the N250,000 it has proposed remains sacrosanct.
Addressing perhaps the demands of the Organised Labour on the need to cut costs, the President said ” They ask you to cut your coat according to your size, if you have size at all.”
