Barring any last-minute change, President Bola Tinubu will be transmitting the New National Minimum Wage to the National Assembly next week.
The transmission of the Executive Bill to the National Assembly will be after the President meets with the leadership of the Organized Labour on Thursday.
Recall that President Tinubu had met with the leadership of organized labour on Thursday last week over the minimum wage issue.
The Tripartite Committee of the new National Minimum Wage had submitted two separate figures to the President following the disagreement among the different stakeholders.
While the government team and the organized private sector had offered N62,000, the organized labour made a demand of N250,000.
President Tinubu upon the receipt of the committee’s report, had promised to meet with the relevant stakeholders to harmonize the figure before transmitting the executive bill to the National Assembly.
Briefing State House correspondents at the end of the Federal Executive Council, FEC, meeting, presided over by President Tinubu at the Council Chamber, Presidential Villa, Abuja, the Minister of Information and National Orientation, Mohammed Idris, said that the President will transmit the executive bill after the meeting with the organized labour on Thursday.
He also stated that the executive will send what he described as an amendment to the 2024 budget to the National Assembly.
According to him, the amendment would take care of the new minimum wage among other things.
-Advertisement-
Grab our latest Magazine, "Hon. Chief C.O.C Akaolisa gets justice". Get your order fast and stress free.
For more details about Newswire Law&Events Magazine, kindly reach out to us on 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk. You will be glad you did
