Minimum Wage: Tinubu, Labour To Meet Thursday

President Bola Tinubu is scheduled to meet with the Organised Labour on Thursday to discuss a new minimum wage for the Nigerian workers.

A top Labour source told Channels Television that the President has invited the leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) to the meeting expected to be held at the Presidential Villa.

President Tinubu is expected to make a decision on the ₦62,000 proposal of the government and private sector and as well weigh the ₦250,000 demand of the Organised Labour.

The Thursday meeting is coming about a month after the President said in his Democracy Day speech on June 12, 2024, that an Executive Bill on the new national minimum wage for workers would soon be sent to the National Assembly for passage.

On June 25, the Federal Executive Council (FEC) chaired by the President halted consideration and deliberation on the memo on the new minimum wage to allow for more engagement with stakeholders.

Two days after, Tinubu and Vice President Kassim Shettima met with the governors of the 36 states of the Federation and ministers at the 141st meeting of the National Economic Council (NEC) to deliberate on a new minimum wage for workers.