After organized labor declared a nationwide strike, the Federal Government met with union leaders and struck a deal. The negotiating team subsequently briefed President Bola Tinubu, who directed the Finance Minister to present a new minimum wage template within 48 hours.
On Thursday, the team met with the president but did not disclose the outcome of the meeting. Reports surfaced that Edun’s team proposed N105,000 as the new minimum wage. However, Bayo Onanuga, the Special Adviser to the President on Media and Strategy, described these reports as false.
“The Honorable Minister of Finance and coordinating minister of the economy, Wale Edun has not proposed N105,000 minimum wage. The contrary story being disseminated is false,” Onanuga tweeted.
There is confusion as the two reports are on opposite sides.