Site icon TheNewsGuru

Confusion over alleged FG proposed N105,000 minimum wage

BREAKING: Presidency debunks proposed N105,000 minimum wage

Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy

EXCITING NEWS: TNG WhatsApp Channel is LIVE…

Subscribe for FREE to get LIVE NEWS UPDATE. Click here to subscribe!

Bayo Onanuga, the special adviser on information and strategy to President Bola Ahmed Tinubu has said that the minister of finance and coordinating minister of the economy, Wale Edun did not propose N105,000 as the new minimum wage.

Advertisement

Onanuga made the disclaimer in a post on X on Thursday.

“The Honorable Minister of Finance and coordinating minister of the economy, Wale Edun has not proposed N105,000 minimum wage,” he posted.

Advertisement

“The contrary story being disseminated is false.”

The disclaimer came hours after Edun submitted new national minimum wage options and projected cost implications to Tinubu.

Advertisement

On Tuesday, Tinubu directed Edun to present a template on new minimum wage figures and an analysis of the associated costs within 48 hours – after organised labour suspended its strike to pave the way for further negotiations.

Organised labour had proposed N615,500 and then N494,000 as the new national minimum wage, which the government said was unrealistic.

Advertisement
Advertisement
Exit mobile version