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FG Denies Proposing N105,00 As Minimum Wage

by admin
June 8, 2024
in Governance
Reading Time: 1 min read
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By Asuquo Cletus Felix

The Federal Government has denied proposing N105,000 as the new minimum wage.

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This is coming after many online medium (NOT STREET NEWS) had reported that the Minister Of Finance Wale Edun had submitted a proposal of N105,000 to president Bola Ahmed Tinubu.

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In a short Facebook post seen by our correspondent, by Bayo Onanuga
Special Adviser to the President on Information and Strategy, he described the story as false.

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“The Honorable Minister of Finance and coordinating minister of the economy, Wale Edun has not proposed N105,000 minimum wage. The contrary story being disseminated is false”. It reads.

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Street News understands that the Nigerian labour Congress had striked over what it had described as a disappointment over the federal government failure to conclude and pass into law the new national minimum wage act, and reverse the vexatious hike in the electricity tariff to N65/kWh.

Despite a series of deadlock meetings, labour was also striking over the inconclusive national minimum wage negotiation and refusal to reverse the hike in electricity tariff.

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