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Tinubu’s Anti-Corruption Strategy: Raising Minimum Wage to ₦70,000

byBilkisu Kasim
December 24, 2024
in Politics
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President Bola Ahmed Tinubu has defended his administration’s decision to raise the national minimum wage from ₦35,000 to ₦70,000, describing it as a crucial step in the fight against corruption.

Speaking during his first presidential media chat on Monday,Tinubu emphasized that paying workers a living wage is a practical mechanism to deter corruption.

He said,“There are so many anti-corruption mechanisms that you can put in place that will help people not to be corrupt, pay them good and living wages. I have moved from ₦35,000 to ₦70,000. To me, that is anti-corruption.”

Tinubu signed the minimum wage bill into law on July 29, 2024, after months of deliberations between government authorities, labour unions, and the private sector. This move is expected to benefit Nigerian workers, who will now be entitled to a minimum monthly wage of ₦70,000.

The President also highlighted his administration’s commitment to fostering transparency and accountability in governance. He noted that his government has taken significant steps in resource allocation and financial openness, including the equitable disbursement of funds to states and local government areas.

“I’ve given more money to the states and local government levels,” Tinubu said, emphasizing his administration’s focus on decentralizing financial resources for broader impact. “I’ve been transparent with my earnings. There is publication as to how much this country is making, reaffirming his dedication to maintaining open and honest governance practices,”he stated.

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Bilkisu Kasim

Bilkisu Kasim

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