Economy

Tinubu meets with governors, ministers over minimum wage, economy

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President Bola Tinubu, on Thursday, met with governors of the 36 states of the federation and ministers over the new minimum wage demand by organised labour and other economic matters.

Vice-President Kashim Shettima chaired the meeting at the council chamber of the presidential villa before Tinubu arrived at the venue.

The meeting comes about 48 hours after the federal executive council (FEC) stepped down the memo on the new minimum wage for the president to consult with the governors and the private sector.

The governors, under the aegis of the Nigeria Governors’ Forum (NGF), met in Abuja on Wednesday to deliberate on the minimum wage for workers.

Over the past few months, the federal and state governments, organised labour, and the private sector have been negotiating a new minimum wage.

At the last meeting of the tripartite committee on minimum wage, organised labour rejected the N62,000 proposal by the government and insisted on N250,000.

The federal government had asked the labour unions to demand a more realistic and sustainable minimum wage.

On June 7, governors under the aegis of the Nigerian Governors Forum (NGF) said the N60,000 minimum wage for workers was unsustainable

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