President Bola Tinubu has declared that he will approve only what Nigeria can afford to pay as minimum wage.
The President stated this while addressing his guests at the dinner to mark Nigeria’s 25th year anniversary of unbroken democratic rule in Abuja Wednesday.
“The minimum wage is going to be what Nigerians can afford, what you can afford and what I can afford,” the President said.
The Organised Labour has however, insisted that it will not to accept a “starvation minimum wage“.
The Organised Labour, while reacting to the President’s Democracy Day nationwide broadcast, had pleaded with the President to use his powers to give workers something higher than the N62,000 proposed by the federal government team in the Tripartite Committee on Minimum Wage.
Labour also insisted that the N250,000 it has proposed remains sacrosanct
Addressing perhaps the demands of the Organised Labour on the need to cut costs, the President said ” they ask you to cut your coat according to your size, if you have size at all”.
