Economy And Business

BREAKING: Minister Wale Edun Recommends $220 Minimum Wage For Labour

Tinubu is currently reviewing the proposal, and an official announcement would be made soon.

Advertisement
Advertisement

Minister Wale Edun has recommended N105,000 (approximately $220 USD)  as the new minimum wage for Labour in a template submitted to President Bola Tinubu.

 

NewsOnline Nigeria has earlier reported that Minister of Finance, Mr Wale Edun presented a new minimum wage template to President Bola Ahmed Tinubu, meeting the 48-hour deadline.

 

According to credible sources, the template proposes a new minimum wage of N105,000 (approximately $220 USD) per month for Nigerian workers.

 

ALSO: Minister Geoffrey Nnaji Embroiled In Certificate Forgery Scandal

 

This Nigeria news platform gathered that the Tinubu is currently reviewing the proposal, and an official announcement would be made soon.

 

It would be recalled that the Labour Unions went on strike action on Monday after their meeting with the National Assembly leadership could not yield satisfactory result.

The strike grounded virtually all economic activities in the country including the closure of the International airports, schools, courts, banks and hospitals across the country.

Advertisement
Adebimpe Ogunṣuyi

Recent Posts

  • Headline

BREAKING: Senate Passes 2024 Nigerian Insurance Industry Reform Bill

Senate has passed the 2024 Nigerian Insurance Industry Reform Bill.   NewsOnline Nigeria reports that…

54 minutes ago
  • Education

BREAKING: President Tinubu Gives Fresh Appointment To World Bank Specialist, Aisha Garba

President Tinubu has given a fresh appointment to World Bank Specialist, Aisha Garba.   NewsOnline…

58 minutes ago
  • Crime Watch

Bello Turji Threatens Major Retaliation Over Arrest Of Wurgi

Bello Turji has threatened a major retaliation over the arrest of Wurgi.   NewsOnline Nigeria…

1 hour ago
  • Headline

BREAKING: NLC Issues 72-Hour Ultimatum Over Unpaid Salaries

NLC has issued a 72-hour ultimatum to the government over unpaid salaries.   NewsOnline Nigeria…

1 hour ago
  • Headline

BREAKING: Two Top Northerners Fight Dirty Over CCT Chairmanship

Two top Northerners fight dirty over CCT Chairmanship.   NewsOnline Nigeria reports that there is…

1 hour ago
  • Exchange Rates

Black Market Dollar To Naira Exchange Rate17th December 2024

Black Market Dollar to Naira Exchange Rate 17th December 2024 can be accessed below.  …

9 hours ago