The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has submitted the projected cost implications of implementing a new national minimum wage to President Bola Tinubu.
According to The PUNCH, the minister submitted the cost proposal to the President at the Presidential Villa in Abuja on Thursday, following a 48-hour ultimatum issued to him on Tuesday.
Recall that organised labour, comprising the Nigeria Labour Congress and Trade Union Congress had embarked on a nationwide strike on Monday to demand an increased minimum wage for workers and the reversal of the recently increased electricity tariffs.
More to come…