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Finance Minister did not propose N105,000 as minimum wage – Presidency

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Finance Minister did not propose N105,000 as minimum wage – Presidency

by Present Nigeria
June 6, 2024
in News
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Finance Minister did not propose N105,000 as minimum wage – Presidency
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The Special Adviser to the President on Information and Strategy, Bayo Onanuga, has described as false the news circulating online that the Federal Government has proposed N105,000 as the new minimum wage.

A report had emerged that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, had proposed N105,000 in the new minimum wage template.

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Earlier, Edun submitted the minimum wage proposal template to the president, beating the 48 hours deadline he was given by the president to submit the proposal.

But Onanuga in a post on his X handle on Thursday said Edun did not propose N105,000 minimum wage as being speculated.

He said: “The Honorable Minister of Finance and coordinating minister of the economy, Wale Edun has not proposed N105,000 minimum wage. The contrary story being disseminated is false.”

However, labour was yet to confirm if the government has made a new offer to it.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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