President Bola Tinubu has directed the Minister of Finance, Wale Edun to come up with the cost implications on the new minimum wage within 48 hours.
This was revealed by the Minister of Information and National Orientation, Mohammed Idris while briefing State House Correspondents after a meeting the negotiation team had with the President at Aso Rock.
He said: “All parties to the negotiation of the new minimum wage would work together with the organised labour to present a new minimum wage for Nigerians in one week.
“All of us will work together assiduously within the next one week to ensure that we have a new wage for Nigeria that is acceptable, sustainable and also realistic.”
The Nigeria Labour Congress, NLC and Trade Union Congress, TUC, earlier on Tuesday suspended the strike which began on Monday for five days, to enable further negotiations with the Federal Government.
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