 |
| Minister of the Economy, Mr. Wale Edun |
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, is believed to have handed over the framework for the proposed new minimum wage to President Bola Ahmed Tinubu.
Speaking to State House Correspondents following his discussion with the President, the Minister indicated that there was no reason for concern.
On Tuesday, June 4, the President had instructed the minister to submit a report detailing the financial implications of a new minimum wage within a two-day period.
This framework is anticipated to be the basis for ongoing discussions with organized Labour.
Accompanied by the Minister of Budget and Economic Planning, Atiku Bagudu, the Minister of Finance arrived at the Presidential Villa.
He refrained from providing details about the meeting's agenda with the President, but it is presumed to be related to the President's request from Tuesday.
The inability of the federal government's team to propose a new figure to organized labour led to the postponement of critical discussions at the Tripartite Committee meeting on Wednesday.
