Adebayo Adenrele
President Bola Tinubu has assured Nigerian workers that mechanisms have been put in place to review minimum wage in order to cushion the effects of fuel subsidy removal.
Tinubu made this assurance during a nation wide broadcast on the current economic situation.
He said he has collaborated with Labour Unions like Nigeria Labour Congress, NLC, Trade Union Congress, TUC and others to introduce a new National minimum wage for workers.
He noted that once necessary requirements are meant, the federal government will make provision for its immediate implementation.
According to him, “We are also working in collaboration with the Labour unions to introduce a new national minimum wage for workers. I want to tell our workers this: your salary review is coming.
“Once we agree on the new minimum wage and general upward review, we will make budget provision for it for immediate implementation.”
While urging Nigerians to look beyond temporary pains, Tinubu also commended Organised private sectors who have already implemented the general salary review for their employees.
“I want to use this opportunity to salute many private employers in the Organised Private Sector who have already implemented general salary review for employees.
“Fellow Nigerians, this period may be hard on us and there is no doubt about it that it is tough on us. But I urge you all to look beyond the present temporary pains and aim at the larger picture. All of our good and helpful plans are in the works. More importantly, I know that they will work.”