Nigeria’s Minister of Information and National Orientation, Alhaji Mohammed Idris, revealed that the Federal Government will by March 2024 commence discussions on the new minimum wage with labour union.
The Information Minister made this known at the 21st Daily Trust Dialogue and presentation of the 2023 African Award of the Year on Thursday in Abuja.
The dialogue themed ‘Tinubu’s Economic Reforms: Gainers and Losers’, was organized by the Media Trust Group.
Idris said when the fuel subsidy was removed, President Bola Tinubu initially wanted to pay N25,000 wage award to workers to cushion the effect of the subsidy removal but later had a change of mind.
“But Labour was not comfortable. We entered into negotiation with Labour and after a long discussion with them and President Tinubu, we arrived and agreed at N35,000 which was accepted.
“The President said the N35,000 will be paid for six months to cushion the effects of the removal of fuel subsidy. That would be from September 2023 to February 2024.
“So after the payment of the wage award for six months; in March, the government and Labour will come together again to deliberate on a new minimum wage for workers.
“However, it is important for Nigerians to understand the intention of Tinubu to address the welfare and well-being of all Nigerians. I know it is not easy but Nigerians will be better for it.
“I want to call on Nigerians to give President Tinubu the time to make things right for the country,” Idris stressed.
