Tinubu Delays Decision On New Minimum Wage, Citing Need For Further Consultations

President Bola Ahmed Tinubu has said that the need for further consultations regarding the appropriate new minimum wage as the reason for his delay in transmitting the new proposal to the National Assembly.

This was discussed during Tuesday’s Federal Executive Council meeting.

The Minister of Information and National Orientation, Mohammed Idris, disclosed this during a briefing with State House Correspondents.

He explained that the memo concerning the minimum wage was deferred to allow extensive consultations with stakeholders, given its implications for local governments, states, and the federal government.

The minister said, “A lot of people have been asking me questions pertaining to whether the New Minimum Wage would come up for deliberations today at FEC, especially whether government was going to have a position on the new wage.

“Recall that there was a report from the tripartite committee, comprising the Nigeria Labour Congress and Trade Union Congress, the Organised Private Sector and the government representatives, these three make up the tripartite committee that discussed on the new minimum wage.They have forwarded a report to the President which he has gone through.

“But consistent with the way it should be done, I want to inform Nigerians that FEC deliberated on that because the new national minimum wage is not just the decision of the Federal government.

“That memo was stepped down to enable Mr President consult further so that he can have an informed position on what to do. This decision was taken because it affects the States, LG and the Federal Government.”

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