Finance Minister, Edun Submits Minimum Wage Template To Tinubu

The Federal Government’s minimum wage template to be used for negotiation with the tripartite panel comprising of government officials, labour and the organized private sector (OPS) has been submitted to President Bola Tinubu by the Finance Minister, Wale Edun.

According to reports, the resolution was submitted to the President by the Minister of Finance and Coordinator of the Economy, Wale Edun alongside Minister of Budget and National Planning, Atiku Bagudu and the Minister of Information and National Orientation, Mohammed Idris at the State House on Thursday.

It would be recalled that the President had on Tuesday mandated him to work out a template to be adopted as the basis for negotiation with the Presidential panel and assured that he was ready to pay more than the N60,000 offered by the government’s team offered as the maximum the government could pay as minimum wage to workers.

However, inability of the government team to offer more than N60,000 while the labour was demanding N464,000 as.minimum wage led to a nationwide strike that was recently relaxed.