President Bola Tinubu says the Federal Government will not create problems for itself by trying to pay unrealistic and unsustainable minimum wage.
Speaking on Wednesday night at the State House, Abuja, during a meeting with some governors and members of the National Assembly, Tinubu said the Federal Government will pay a minimum wage it can afford.
Recall that PresidentTinubu, in a nationwide broadcast on the occasion of the nation’s 25th Democracy Day anniversary earlier on Wednesday, had disclosed that the Federal Government has negotiated with Organised Labour “in good faith and with open arms” on a new national minimum wage.
The President also said an Executive Bill on the minimum wage would be sent to the National Assembly “to enshrine what has been agreed upon as part of our law for the next five years or less”. The Federal Government had proposed N62,000 as the new minimum wage, while the Organised Labour demanded N250,000.
However, responding to the President’s speech, the Organised Labour denied reaching an agreement with the Federal Government on the minimum wage.
Speaking at the State House, Tinubu said the Federal Government will pay workers what it can afford.
“Senate President, Deputy Senate President, you will get a notice from me if I have changed my mind on minimum wage. We are going to do it — what Nigeria can afford, what you can afford, what I can afford. They ask you to cut your coat according to your size, if you have size at all”, the President stressed.
Tinubu also applauded the State governors, saying they are doing their best to improve the welfare of the people. He further spoke about the insecurity in the nation, saying it has affected food production.
Tinubu stressed that the nation’s value system must be preached to youths to imbibe a responsible way of life, shun violence and crime. He commended some Customs officers who recently rejected bribes from suspected vandals of railway tracks.
