President Buhari endorses N30,000 new minimum wage

President Muhammadu Buhari has approved the new minimum wage of N30,000 proposed by the Tripartite Committee set up to review the national minimum wage.
According to Voiceairmedia, the president gave his endorsement on Tuesday, November 6 shortly after he received the report of the committee presented to him.

The president promised to forward the new minimum wage bill to the National Assembly for action.
He also urged Nigerian workers not to allow themselves be used as political weapons.
Recall that the Nigerian Labour Congress (NLC) suspended its planned strike action following an agreement reached with the federal government.

It was reported that after the long hours of meeting, an agreement was reached followed by signing of documents.
Wabba said: “Having reached this position and agreements signed, the proposed strike action is hereby suspended.”

“There is no stalemate. We have finished and we have signed it but we are insisting that the strike must be called off. There are still two figures, N24,000 and N30,000. You know that labour came up with a figure of N66,500 but when we put all that together with the figure we got from the states…so, we put all that in a basket plus the initial figure that the federal government recommended which was N20,700. We put them together in a basket and came up with four scenarios, we worked with one of the scenarios and that was how we agreed on that N24,000 and N30,000.