The Minister of Information and National Orientation, Alhaji Mohammed Idris, announced that the Federal Government plans to initiate discussions on the new minimum wage with labor unions in March. Speaking at the 21st Daily Trust Dialogue in Abuja, Idris mentioned that the dialogue’s theme was “Tinubu’s Economic Reforms: Gainers and Losers.”
The minister noted that discussions about the new minimum wage would begin next month. Additionally, he referenced President Bola Tinubu’s initial promise to pay a N25,000 wage award to workers when the fuel subsidy was removed as a measure to alleviate the impact of the subsidy removal.
“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.
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