NewsArena
Newsarena.ng is an online news media established to disseminate up-to-date and unbiased reportage of issues of public concern, with high level of professionalism, based on truth.

FG Debunks Reports On N105,000 New Minimum Wage Proposal

The Presidency has described as false the news making the rounds that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has proposed N105,000 in the new minimum wage template.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this on his X account on Thursday.

Also Read:  New Minimum Wage: Labour Proposes Sanction For Defaulting States

The presidential aide wrote, “The Honourable Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has not proposed N105,000 minimum wage.

“The contrary story being disseminated is false.”

Edun had earlier in the day presented the template to President Bola Tinubu, meeting the 48-hour deadline.

Edun, along with the Minister of Budget and National Planning, Atiku Bagudu, presented President Tinubu with the cost implications of the new minimum wage in his office at the presidential villa in Abuja.

Also Read:  JUST IN: INEC Cancels Kogi Supplementary Election

According to Western Post, a new proposal suggests a minimum wage of N105,000 (approximately $71) per month for Nigerian workers.

Tinubu is said to be currently reviewing this proposal, and an official announcement is expected soon.



...To get more news updates, Join our WhatsApp Group (Click Here) and Telegram Group(Click Here)
Leave A Reply

Your email address will not be published.