President Tinubu Sets to Announce New Minimum Wage Workers.

President Tinubu Sets to Announce New Minimum Wage Workers.

In an eagerly awaited development, President Bola Tinubu is set to unveil a new minimum wage for Nigerian workers next week. The announcement follows a recent meeting between the Trade Union Congress (TUC) and the federal government, where the issue of fuel subsidy removal was discussed.

The TUC had issued a two-week ultimatum to the government to address its demands or face potential industrial action. During the meeting, Comrade Festus Osifo, President of the TUC, revealed that the Minister of Labour, Simon Lalong, had met with President Tinubu and the Minister of Finance, Wale Edun.

According to Osifo, Lalong informed the union that wage-related matters had been reviewed, and President Tinubu was preparing to make an official announcement. Osifo stated, "The minister of labour told us that he had an audience with President Bola Ahmed Tinubu and the minister of finance and had reviewed the issue of wage award. But the president asked them to fine-tune the issues before he makes the announcement."

Despite requests for an additional two weeks, the TUC insisted on a swift resolution. Osifo explained, "We said no; we don’t have an extra two weeks to give. After more discussions, he said the president would make a proper announcement next week."

In addition to the wage announcement, the TUC has engaged with the federal government on the distribution of palliatives to states. They plan to monitor the distribution to ensure it is implemented effectively. Furthermore, the union raised concerns about taxation and Compressed Natural Gas (CNG).

As anticipation builds, Nigerian workers eagerly await President Tinubu's announcement, which could bring positive changes to their livelihoods in the near future.