President Bola Tinubu has issued a firm directive to the Minister of Finance, Wale Edun, to present a new proposed minimum wage figure within the next 48 hours.
This move comes as the administration seeks to resolve the long-standing issue of the new national minimum wage.
The directive was conveyed by the Minister of Information and National Orientation, Mohammed Idris, following a closed-door meeting between the President and government representatives involved in the minimum wage negotiations with organized labour.
According to Idris, President Tinubu has instructed the Minister of Finance to conduct a thorough analysis of the cost implications and provide an “affordable, sustainable, and realistic” figure for the new minimum wage within the two-day timeframe.