Breaking: Tinubu Unveils Plans For New Minimum Wage

President Bola Tinubu has given his assurance that Nigerian workers will receive an improved national minimum wage that aligns with the current realities.

“We need to do some arithmetic and soul searching on the minimum wage. We will have to take a look at that together, and the revenue. We must strengthen the source and application of our revenue,’’ Tinubu said at a meeting with the Progressive Governors Forum (PGF), led by its chairman, Gov. Hope Uzodinma of Imo, at the State House on Friday in Abuja.

The President made a commitment to give paramount importance to the well-being and safety of Nigerians by implementing economic policies that focus on the needs of the people.

In the President’s statement, he emphasized the collaboration between the federal and state governments in reviewing the minimum wage.

Tinubu encouraged the governors to recognize the privilege they have been granted as representatives of millions of citizens in their respective states and to use this opportunity to bring about positive changes in the lives of the people.

The President also said that the multiple exchange rates would be streamlined, noting that governance was a continuum.

“I have inherited the assets and liabilities of my predecessor.

“As progressives and thinkers under the umbrella of the All Progressives Congress (APC), you have a role to play in educating our people and making sure we manage ourselves,’’ the President said.

“If we work together, the Nigeria of our dreams is not far away. Rest assured that we will not have multiple exchange rates anymore. You asked for this meeting, and I had to set aside time to be here.

“We have a political party that we will need to manage, whichever way, we have inherited assets and liabilities, and we cannot complain,’’ he stated.

The president said he would maintain an open-door policy, willing to entertain issues, deliberate, and collectively find solutions to the challenges facing the country.