JUST IN: Minister of Finance Wale Edun submits minimum wage cost to Tinubu

Minister of Finance and Coordinating Minister of the Financial system, Wale Edun, has submitted the projected value implications of implementing a brand new nationwide minimal wage to President Bola Ahmed Tinubu.

The minister submitted the doc on Thursday, June 6, two days after Tinubu issued the directive to current a proposed new minimal wage determine and evaluation of the related prices.

The finance minister’s report is claimed to stipulate a number of potential new minimal wage ranges together with the anticipated fiscal impacts on the federal price range of every possibility.

Recall that the Organised Labour had launched into a nationwide strike on Monday and Tuesday to demand an elevated minimal wage for the federal government staff.

One other of the labour calls for was the reversal of the just lately elevated electrical energy tariffs.

The economic motion was suspended for 5 days by the management of the Nigeria Labour Congress (NLC) and Commerce Union Congress (TUC) after signing a dedication with the federal authorities to renew negotiations, and give you a brand new minimal wage inside every week.

By RemmyTex

Remmytex is a blogger, promoter, entrepreneur and and a businessman. Call or send a Whatsapp message for more information on +2349075664854 or you can email remmytexblog1@gmail.com

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