President Tinubu Hints on What Workers Would Get As New Minimum Wage

in r2cornell •  last year 

President Tinubu Hints on What Workers Would Get As New Minimum Wage

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In a significant announcement from Aso Villa, Abuja, President Bola Tinubu has shared some promising news for Nigerian workers. According to Ajuri Ngelale, the president's special adviser on media and publicity, there's a big change on the horizon when it comes to the minimum wage. During a recent discussion on the Politics Today show on Channels Television, Ngelale highlighted that the president is aiming for nothing less than a doubling of the current minimum wage.

Although he didn't want to jump ahead of the work being done by the minimum wage committee, Ngelale's statement indicates a strong commitment from the president to enhance the financial well-being of Nigerian workers. This potential doubling of the minimum wage is undoubtedly a positive development that holds the promise of better livelihoods for many.

Adding to this positive momentum, Ngelale pointed out that state governors have already received a substantial sum of N300 billion, the highest amount they've received in the past two years. This increase in funds should provide state governments with more resources to meet their obligation of paying workers.

Furthermore, the federal government is actively engaged in various initiatives to alleviate some of the challenges faced by the public. These efforts include working to reduce the cost of food, providing support to transportation companies, intervening in agricultural production chains, and bolstering the capitalization of small and medium-sized enterprises (SMEs).

The assurance that state governors have agreed to support the new minimum wage, as confirmed during the recent National Economic Council (NEC) meeting, is a positive sign of solidarity in this endeavor.

It's also worth noting that President Bola Tinubu's recent record-breaking feat in appointing a significant number of ministers showcases his dedication to governance and making strides in shaping the nation's future. With the president's commitment to doubling the minimum wage, coupled with various other initiatives to enhance economic conditions, it's a time of optimism for Nigeria and its hardworking citizens.

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