President Tinubu and Vice President Shettima Meet with Governors to Discuss New Minimum Wage
President Bola Tinubu and Vice President Kassim Shettima met with governors of Nigeria’s 36 states and ministers on Thursday to discuss a new minimum wage for workers and other economic issues.
The discussions took place during the 141st meeting of the National Economic Council (NEC) held in the Council Chamber of the State House in Abuja. Vice President Shettima chaired the meeting with state governors, deputy governors, and ministers before President Tinubu’s arrival.
This meeting followed the Federal Executive Council's (FEC) decision to step down a minimum wage review memo to allow for further consultations. On Wednesday, the Nigeria Governors’ Forum (NGF) assured Nigerians that ongoing negotiations between the government, private sector, and organized labour would result in better wages.
In his Democracy Day speech on June 12, 2024, President Tinubu promised that an executive bill on the new national minimum wage would soon be sent to the National Assembly for passage. The President is expected to make a decision on the ₦62,000 proposal from the government and private sector, as well as Labour’s ₦250,000 demand.
