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.

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.

NewsOnline Nigeria

Recent Posts

  • Brands & Marketing

Access Holdings Posts Over ₦1 Trillion Profit Before Tax, Signals Shift From Expansion to Value Creation

Access Holdings has posted over ₦1 trillion Profit Before Tax and signalled a shift from…

6 hours ago
  • Brands & Marketing

Wema Bank Celebrates 9 Years of ALAT by Wema, Reinforces Leadership in Digital Banking

Wema Bank has celebrated 9 years of ALAT by Wema and reinforced leadership in digital…

6 hours ago
  • Brands & Marketing

FirstBank Confirms Olayinka Ijabiyi as Group Head of Marketing, Corporate Communications

FirstBank has confirmed Olayinka Ijabiyi as Group Head of Marketing and Corporate Communications.   NewsOnline…

6 hours ago
  • 2027 Election
  • Politics

Tinubu 2027: Southwest Arewa Pro-Tinubu Group Visits Ooni of Ife, Secures Royal Endorsement

Southwest Arewa Pro-Tinubu group has visited Ooni of Ife and secured royal endorsement ahead of…

10 hours ago
  • Crime Watch
  • Top Stories

NLC, TUC Warn Nigeria Near Breaking Point, Threaten Nationwide Worker Shutdown Over Insecurity

NLC and TUC have warned that Nigeria is near breaking point and threatened a nationwide…

24 hours ago
  • Headline

President Tinubu Declares National Emergency on Insecurity, Poverty During May Day Address

President Tinubu has declared national emergency on insecurity and poverty during May day address.  …

24 hours ago