President Bola Tinubu has announced that an executive bill concerning the new minimum wage will soon be presented to the national assembly.
In his Democracy Day address on Wednesday, Tinubu disclosed his commitment to economic reform, that prioritises the people’s voices and interests.
Tinubu highlighted that the federal government has engaged in sincere and open negotiations with organised labour regarding the new national minimum wage.
“We shall soon send an executive bill to the national assembly to enshrine what has been agreed upon as part of our law for the next five years or less,” he stated.
Despite calls for a national strike by labor unions, Tinubu noted that his administration chose cooperation over conflict, avoiding oppressive measures.
“No one was arrested or threatened. Instead, the laboir leadership was invited to break bread and negotiate toward a good-faith resolution.”
He said that reasoned discussion and principled compromise are essential elements of democracy and will continue to guide his policies.
“I take on this vital task without fear or favour and commit myself to this work until we have built a Nigeria where no man is oppressed,” Tinubu affirmed.
WesternlifenewsNG recalls that at a tripartite committee meeting on minimum wage, organised labour rejected the government’s ₦62,000 proposal, insisting on a ₦250,000 living wage for the average Nigerian worker.