President Bola Tinubu has assured the organized labour that an executive bill on the new national minimum wage for workers will soon be sent to the National Assembly for passage.
Tinubu made this known in his address to commemorate the June 12 Democracy Day and the 25th anniversary of unbroken democracy at the Eagle’s Square in Abuja but did not disclose the exact date of passage.
He acknowledged the economic difficulties in the nation but stressed that the reforms are necessary repairs required to fix the economy.
“As we continue to reform the economy, I shall always listen to the people and will never turn my back on you.
In this spirit, we have negotiated in good faith and with open arms with organized labour on a new national minimum wage. We shall soon send an executive bill to the National Assembly to enshrine what has been agreed upon as part of our law for the next five years or less.”
Recall that the tripartite committee set up by President Tinubu in January to negotiate a new minimum wage for workers had failed to reach an agreement on a new realistic minimum wage for workers, forcing labour to embark on a series of indefinite industrial actions.
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