BREAKING: Tinubu speaks after meeting labour on minimum wage

  • President Bola Tinubu has posited that the government and the organised private sector cannot pay more than N62,000 as a minimum wage
  • The president, however, appealed to the union that the minimum wage can be reviewed in two or three years time rather than every five years if the law can be amended
  • The meeting between Tinubu and the labour leaders was then adjourned to next week Thursday, July 18

President Bola Tinubu has urged organised labour to accept the N62,000 minimum wage proposal accepted by the federal and state governments and the organised private sector. The meeting was adjourned to continue on Thursday, July 18.

Tinubu also convinced the union leader that the minimum wage did not have to be reviewed every five years, adding that it could be reviewed every two, three or four years if the national assembly could review the law.