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Tinubu's Administration Unveils Groundbreaking Proposal for New Minimum Wage

President Bola Tinubu’s administration is considering a substantial increase in the minimum wage for the organized sector, aiming for a range between N150,000 and N200,000.

Scheduled meetings between government officials and organized labour leaders suggest a proactive approach towards addressing wage concerns. The upcoming meeting, set to convene at the office of the Secretary to the Government of the Federation (SGF), will include representatives from the tripartite committee on the new minimum wage.

The reports according to TheTalk NG news indicate that President Bola Tinubu's government is leaning towards a minimum wage proposal ranging from N150,000 to N200,000, signaling a potential shift in wage policies under the current administration.

A letter dated April 24, signed by the Permanent Secretary to the SGF, outlines the purpose of the impending meeting—to deliberate and establish the government's stance on the new minimum wage, which will then be presented at the subsequent tripartite committee meeting.

The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have previously submitted separate proposals for the new minimum wage, emphasizing the economic realities faced by workers. Both unions advocate for a living wage that can adequately support workers amidst the escalating cost of living nationwide.

As discussions unfold, all eyes are on the outcome of the meeting and the government's final decision regarding the proposed minimum wage adjustment. The deliberations hold significant implications for workers across various sectors, shaping their economic well-being and livelihoods in the foreseeable future.

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