Breaking: Tinubu orders finance minister to provide new minimum wage template

President Bola Tinubu has directed Minister of Finance, Wale Edun, to provide new minimum wage within.

He is also expected to come up with the cost implications for the minimum wage within 48 hours.

The Minister of Information and National Orientation, Mohammed Idris, while briefing State House Correspondents after a meeting the negotiation team had with the president at Aso Rock, on Tuesday.

“All parties to the negotiation of the new minimum wage would work together with the organised labour to present a new minimum wage for Nigerians in one week.

“All of us will work together assiduously within the next one week to ensure that we have a new wage for Nigeria that is acceptable sustainable and also realistic.”

Idris also disclosed that the President had given a marching order that all those who have negotiated on behalf of the Federal government and all those who are representatives of organised private sectors, the sub nationals to come together to have a new wage award that is affordable, sustainable and realistic for Nigerians.